PPP Loan information for Bwt restaurants inc

$3,387,902

Bwt restaurants inc was initially approved for PPP Loan of amount $3,387,902, the current approved amount is $3,387,902. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $3,387,902 was used to fund payroll.

Bwt restaurants inc is Existing or more than 2 years old

BWT RESTAURANTS INC

Date Approved

04/10/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

BWT RESTAURANTS INC

Borrower Address

18 North Main St. 3rd Floor 0.0

Borrower City

Chagrin Falls

Borrower State

OH

Borrower Zip

44022-3059

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3387902.00

Current Approval Amount

3387902.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chagrin Falls

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44022-3059

CD

OH-11

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

285000.00

Payroll Proceed

2021652.00

Mortgage Interest Proceed

0.00

Rent Proceed

834000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

216000.00

Debt Interest Proceed

31250

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3432816.17

Forgiveness Date

08/11/2021

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