PPP Loan information for Joe-jo's restaurant & lounge

$52,500

Joe-jo's restaurant & lounge was initially approved for PPP Loan of amount $62,500, the current approved amount is $52,500. The loan was approved on 05/09/2020 by The Bank of America, National Association reported 24 jobs and $52,500 was used to fund payroll.

Joe-jo's restaurant & lounge is Existing or more than 2 years old

JOE-JO'S RESTAURANT & LOUNGE

Date Approved

05/09/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

JOE-JO'S RESTAURANT & LOUNGE

Borrower Address

2622 E MESQUITE ST

Borrower City

GILBERT

Borrower State

AZ

Borrower Zip

85296-9472

Loan Status Date

09/28/2021

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

52500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GILBERT

Project County Name

MARICOPA

Project State

AZ

Project Zip

85296-9472

CD

AZ-05

Jobs Reported

24

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

52500.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28779.80

Forgiveness Date

05/27/2021

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