PPP Loan information for Blt restaurant group

$3,289,500

Blt restaurant group was initially approved for PPP Loan of amount $3,289,500, the current approved amount is $3,289,500. The loan was approved on 04/27/2020 by The Blue Ridge Bank, National Association reported 368 jobs and $3,289,500 was used to fund payroll.

Blt restaurant group is Existing or more than 2 years old

BLT RESTAURANT GROUP

Date Approved

04/27/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

BLT RESTAURANT GROUP

Borrower Address

950 Third Avenue Floor 22

Borrower City

New York

Borrower State

NY

Borrower Zip

10022

Loan Status Date

04/14/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

3289500.00

Current Approval Amount

3289500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124336

Servicing Lender Name

Blue Ridge Bank, National Association

Servicing Lender Address

1 E Market St Imperial Plaza

Servicing Lender City

MARTINSVILLE

Servicing Lender State

VA

Servicing Lender Zip

24112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10022-0001

CD

NY-12

Jobs Reported

368

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2467100.00

Mortgage Interest Proceed

0.00

Rent Proceed

822400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1995831.13

Forgiveness Date

10/04/2021

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