PPP Loan information for Portofino's restaurant

$147,847

Portofino's restaurant was initially approved for PPP Loan of amount $147,847, the current approved amount is $147,847. The loan was approved on 03/12/2021 by The Truist Bank reported 25 jobs and $147,847 was used to fund payroll.

Portofino's restaurant is Existing or more than 2 years old

PPP Loan Search / TN / East Ridge / Portofino's restaurant

PORTOFINO'S RESTAURANT

Date Approved

03/12/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

PORTOFINO'S RESTAURANT

Borrower Address

6407 Ringgold Rd

Borrower City

East Ridge

Borrower State

TN

Borrower Zip

37412-3835

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147847.00

Current Approval Amount

147847.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Ridge

Project County Name

HAMILTON

Project State

TN

Project Zip

37412-3835

CD

TN-03

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

147845.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148688.91

Forgiveness Date

10/08/2021

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