PPP Loan information for Restaurant management corp

$4,425,000

Restaurant management corp was initially approved for PPP Loan of amount $4,425,000, the current approved amount is $4,425,000. The loan was approved on 04/05/2020 by The City National Bank reported 68 jobs and $4,425,000 was used to fund payroll.

Restaurant management corp is Existing or more than 2 years old

RESTAURANT MANAGEMENT CORP

Date Approved

04/05/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

RESTAURANT MANAGEMENT CORP

Borrower Address

1575 ADLER CIR Suite C

Borrower City

PORTAGE

Borrower State

IN

Borrower Zip

46368-6401

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4425000.00

Current Approval Amount

4425000.00

Undisbursed Amount

0.00

Franchise Name

Taco Bell

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PORTAGE

Project County Name

PORTER

Project State

IN

Project Zip

46368-6401

CD

IN-01

Jobs Reported

68

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3540000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

885000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

4475796.58

Forgiveness Date

06/11/2021

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