PPP Loan information for Fat ronnies restaurants inc

$71,200

Fat ronnies restaurants inc was initially approved for PPP Loan of amount $71,200, the current approved amount is $71,200. The loan was approved on 04/13/2020 by The Martha's Vineyard Bank reported 7 jobs and $71,200 was used to fund payroll.

Fat ronnies restaurants inc is Existing or more than 2 years old

FAT RONNIES RESTAURANTS INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

FAT RONNIES RESTAURANTS INC

Borrower Address

7 Circuit Ave

Borrower City

Oak Bluffs

Borrower State

MA

Borrower Zip

02557

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71200.00

Current Approval Amount

71200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Bluffs

Project County Name

DUKES

Project State

MA

Project Zip

02557-0001

CD

MA-09

Jobs Reported

7

NAICS Code

722511

Race

Black or African American

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

71200.00

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71703.28

Forgiveness Date

01/07/2021

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