PPP Loan information for Family ties restaurant inc

$9,500

Family ties restaurant inc was initially approved for PPP Loan of amount $9,500, the current approved amount is $9,500. The loan was approved on 04/08/2020 by The BankNewport reported 12 jobs and $9,500 was used to fund payroll.

Family ties restaurant inc is Existing or more than 2 years old

FAMILY TIES RESTAURANT INC

Date Approved

04/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

FAMILY TIES RESTAURANT INC

Borrower Address

221 Main Road

Borrower City

TIVERTON

Borrower State

RI

Borrower Zip

02878-1305

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

9500.00

Current Approval Amount

9500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TIVERTON

Project County Name

NEWPORT

Project State

RI

Project Zip

02878-1305

CD

RI-01

Jobs Reported

12

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

9500.00

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

Corporation

Originating Lender Location Id

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

9571.32

Forgiveness Date

02/10/2021

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