PPP Loan information for Poet king restaurant group, llc

$49,200

Poet king restaurant group, llc was initially approved for PPP Loan of amount $118,800, the current approved amount is $49,200. The loan was approved on 04/29/2020 by The Needham Bank reported 38 jobs and $49,200 was used to fund payroll.

Poet king restaurant group, llc is Existing or more than 2 years old

POET KING RESTAURANT GROUP, LLC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

POET KING RESTAURANT GROUP, LLC

Borrower Address

38 Great Plain Avenue

Borrower City

Needham

Borrower State

MA

Borrower Zip

02492

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118800.00

Current Approval Amount

49200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89236

Servicing Lender Name

Needham Bank

Servicing Lender Address

1063 Great Plain Ave

Servicing Lender City

NEEDHAM

Servicing Lender State

MA

Servicing Lender Zip

02492-2302

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Needham

Project County Name

NORFOLK

Project State

MA

Project Zip

02492-0001

CD

MA-04

Jobs Reported

38

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49200.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

89236

Originating Lender

Needham Bank

Originating Lender City

NEEDHAM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49503.40

Forgiveness Date

12/31/2020

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