PPP Loan information for Machete bar llc

$252,000

Machete bar llc was initially approved for PPP Loan of amount $252,000, the current approved amount is $252,000. The loan was approved on 01/29/2021 by The Loan Source Incorporated reported 25 jobs and $252,000 was used to fund payroll.

Machete bar llc is Existing or more than 2 years old

MACHETE BAR LLC

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

MACHETE BAR LLC

Borrower Address

225 W Main St

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22902-5047

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

252000.00

Current Approval Amount

252000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlottesville

Project County Name

CHARLOTTESVILLE CITY

Project State

VA

Project Zip

22902-5047

CD

VA-05

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

251995.00

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

124336

Originating Lender

Blue Ridge Bank, National Association

Originating Lender City

MARTINSVILLE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

253857.21

Forgiveness Date

10/26/2021

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