PPP Loan information for Red's restaurant

$24,361

Red's restaurant was initially approved for PPP Loan of amount $24,361, the current approved amount is $24,361. The loan was approved on 03/25/2021 by The FBT Bank & Mortgage reported 11 jobs and $24,361 was used to fund payroll.

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

PPP Loan Search / AR / Fordyce / Red's restaurant

RED'S RESTAURANT

Date Approved

03/25/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

RED'S RESTAURANT

Borrower Address

1935 Highway 79 167 Byp

Borrower City

Fordyce

Borrower State

AR

Borrower Zip

71742-1730

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24360.70

Current Approval Amount

24360.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4294

Servicing Lender Name

FBT Bank & Mortgage

Servicing Lender Address

200 W 4th St

Servicing Lender City

FORDYCE

Servicing Lender State

AR

Servicing Lender Zip

71742-2202

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fordyce

Project County Name

DALLAS

Project State

AR

Project Zip

71742-1730

CD

AR-04

Jobs Reported

11

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

24359.70

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

Partnership

Originating Lender Location Id

4294

Originating Lender

FBT Bank & Mortgage

Originating Lender City

FORDYCE

Originating Lender State

AR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

24536.23

Forgiveness Date

12/15/2021

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