PPP Loan information for Honarmand restaurants inc

$869,150

Honarmand restaurants inc was initially approved for PPP Loan of amount $869,150, the current approved amount is $869,150. The loan was approved on 04/27/2020 by The American Express National Bank reported 230 jobs and $869,150 was used to fund payroll.

Honarmand restaurants inc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Honarmand restaurants inc

HONARMAND RESTAURANTS INC

Date Approved

04/27/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HONARMAND RESTAURANTS INC

Borrower Address

3435 Basford rd

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21703

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

869150.00

Current Approval Amount

869150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21703-1125

CD

MD-06

Jobs Reported

230

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

67132.00

Payroll Proceed

629362.50

Mortgage Interest Proceed

0.00

Rent Proceed

125872.50

Refinance EIDL Proceed

0.00

Health Care Proceed

16783.00

Debt Interest Proceed

30000

Business Type

Subchapter S Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

874555.40

Forgiveness Date

12/22/2020

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