PPP Loan information for Punchy's restaurants, inc.

$96,190

Punchy's restaurants, inc. was initially approved for PPP Loan of amount $96,190, the current approved amount is $96,190. The loan was approved on 04/28/2020 by The Uwharrie Bank reported 21 jobs and $96,190 was used to fund payroll.

Punchy's restaurants, inc. is Existing or more than 2 years old

PUNCHY'S RESTAURANTS, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PUNCHY'S RESTAURANTS, INC.

Borrower Address

550 Concord Pkwy N

Borrower City

Concord

Borrower State

NC

Borrower Zip

28027-6739

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96190.00

Current Approval Amount

96190.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Concord

Project County Name

CABARRUS

Project State

NC

Project Zip

28027-6739

CD

NC-12

Jobs Reported

21

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6680.00

Payroll Proceed

77510.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

97483.22

Forgiveness Date

09/02/2021

;