PPP Loan information for Advance restaurant systems llc

$366,132

Advance restaurant systems llc was initially approved for PPP Loan of amount $366,132, the current approved amount is $366,132. The loan was approved on 03/23/2021 by The SouthEast Bank reported 62 jobs and $366,132 was used to fund payroll.

Advance restaurant systems llc is Existing or more than 2 years old

PPP Loan Search / TN / Athens / Advance restaurant systems llc

ADVANCE RESTAURANT SYSTEMS LLC

Date Approved

03/23/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

ADVANCE RESTAURANT SYSTEMS LLC

Borrower Address

1804 Decatur Pike

Borrower City

Athens

Borrower State

TN

Borrower Zip

37303-4984

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

366131.74

Current Approval Amount

366131.74

Undisbursed Amount

0.00

Franchise Name

Western Sizzlin

Servicing Lender Location Id

262367

Servicing Lender Name

SouthEast Bank

Servicing Lender Address

12700 Kingston Pike

Servicing Lender City

Farragut

Servicing Lender State

TN

Servicing Lender Zip

37934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Athens

Project County Name

MCMINN

Project State

TN

Project Zip

37303-4984

CD

TN-03

Jobs Reported

62

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

366131.74

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

262367

Originating Lender

SouthEast Bank

Originating Lender City

Farragut

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

369773.00

Forgiveness Date

03/24/2022

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