PPP Loan information for Capone's restaurant inc

$130,000

Capone's restaurant inc was initially approved for PPP Loan of amount $130,000, the current approved amount is $130,000. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 47 jobs and $130,000 was used to fund payroll.

Capone's restaurant inc is Existing or more than 2 years old

CAPONE'S RESTAURANT INC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

CAPONE'S RESTAURANT INC

Borrower Address

500 WELLINGTON RD

Borrower City

NORRISTOWN

Borrower State

PA

Borrower Zip

19403-4148

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130000.00

Current Approval Amount

130000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORRISTOWN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19403-4148

CD

PA-04

Jobs Reported

47

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

130000.00

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

Subchapter S Corporation

Originating Lender Location Id

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

131385.48

Forgiveness Date

06/03/2021

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