PPP Loan information for Colington cafe inc

$108,300

Colington cafe inc was initially approved for PPP Loan of amount $108,300, the current approved amount is $108,300. The loan was approved on 05/14/2020 by The TowneBank reported 42 jobs and $108,300 was used to fund payroll.

Colington cafe inc is Existing or more than 2 years old

COLINGTON CAFE INC

Date Approved

05/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

COLINGTON CAFE INC

Borrower Address

1029 Colington Rd

Borrower City

KILL DEVIL HILLS

Borrower State

NC

Borrower Zip

27948

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108300.00

Current Approval Amount

108300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KILL DEVIL HILLS

Project County Name

DARE

Project State

NC

Project Zip

27948-0001

CD

NC-03

Jobs Reported

42

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

108300.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109037.04

Forgiveness Date

01/19/2021

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