PPP Loan information for 97 favor taste restaurant inc

$112,800

97 favor taste restaurant inc was initially approved for PPP Loan of amount $112,800, the current approved amount is $112,800. The loan was approved on 04/28/2020 by The Royal Business Bank reported 19 jobs and $112,800 was used to fund payroll.

97 favor taste restaurant inc is New Business or 2 years or less

97 FAVOR TASTE RESTAURANT INC

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

97 FAVOR TASTE RESTAURANT INC

Borrower Address

201 New Dorp Lane

Borrower City

STATEN ISLAND

Borrower State

NY

Borrower Zip

10306-3039

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112800.00

Current Approval Amount

112800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

460489

Servicing Lender Name

Royal Business Bank

Servicing Lender Address

1055 Wilshire Blvd, Ste 1200

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90017-3433

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STATEN ISLAND

Project County Name

RICHMOND

Project State

NY

Project Zip

10306-3039

CD

NY-11

Jobs Reported

19

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3200.00

Payroll Proceed

84600.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

460489

Originating Lender

Royal Business Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

113974.36

Forgiveness Date

05/20/2021

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