PPP Loan information for Best burgers, inc.

$56,032

Best burgers, inc. was initially approved for PPP Loan of amount $56,032, the current approved amount is $56,032. The loan was approved on 04/28/2020 by The Volunteer State Bank reported 13 jobs and $56,032 was used to fund payroll.

Best burgers, inc. is Existing or more than 2 years old

BEST BURGERS, INC.

Date Approved

04/28/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

BEST BURGERS, INC.

Borrower Address

961 Sgt Asbury Hawn Way

Borrower City

Smyrna

Borrower State

TN

Borrower Zip

37167

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56031.90

Current Approval Amount

56031.90

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Smyrna

Project County Name

RUTHERFORD

Project State

TN

Project Zip

37167-0001

CD

TN-04

Jobs Reported

13

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7706.90

Payroll Proceed

42025.00

Mortgage Interest Proceed

6300.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

56677.82

Forgiveness Date

06/18/2021

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