PPP Loan information for 109 family restaurant

$119,242

109 family restaurant was initially approved for PPP Loan of amount $119,242, the current approved amount is $119,242. The loan was approved on 04/28/2020 by The Volunteer State Bank reported 40 jobs and $119,242 was used to fund payroll.

109 family restaurant is New Business or 2 years or less

PPP Loan Search / TN / Portland / 109 family restaurant

109 FAMILY RESTAURANT

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

109 FAMILY RESTAURANT

Borrower Address

603 N Broadway

Borrower City

Portland

Borrower State

TN

Borrower Zip

37148-2020

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119241.65

Current Approval Amount

119241.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68778

Servicing Lender Name

Volunteer State Bank

Servicing Lender Address

101 Hwy 52 W

Servicing Lender City

PORTLAND

Servicing Lender State

TN

Servicing Lender Zip

37148-1407

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Portland

Project County Name

SUMNER

Project State

TN

Project Zip

37148-2020

CD

TN-06

Jobs Reported

40

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11924.16

Payroll Proceed

89431.24

Mortgage Interest Proceed

0.00

Rent Proceed

17886.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

68778

Originating Lender

Volunteer State Bank

Originating Lender City

PORTLAND

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119983.60

Forgiveness Date

12/09/2020

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