PPP Loan information for Downtown burger inc

$127,277

Downtown burger inc was initially approved for PPP Loan of amount $127,277, the current approved amount is $127,277. The loan was approved on 02/07/2021 by The First American Bank & Trust Company reported 10 jobs and $127,277 was used to fund payroll.

Downtown burger inc is Existing or more than 2 years old

DOWNTOWN BURGER INC

Date Approved

02/07/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

DOWNTOWN BURGER INC

Borrower Address

171 College Ave

Borrower City

Athens

Borrower State

GA

Borrower Zip

30601-2804

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127277.00

Current Approval Amount

127277.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17831

Servicing Lender Name

First American Bank & Trust Company

Servicing Lender Address

300 College Ave

Servicing Lender City

ATHENS

Servicing Lender State

GA

Servicing Lender Zip

30601-2716

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Athens

Project County Name

CLARKE

Project State

GA

Project Zip

30601-2804

CD

GA-10

Jobs Reported

10

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

127277.00

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

17831

Originating Lender

First American Bank & Trust Company

Originating Lender City

ATHENS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127956.97

Forgiveness Date

08/25/2021

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