PPP Loan information for Richani restaurant group

$205,325

Richani restaurant group was initially approved for PPP Loan of amount $205,300, the current approved amount is $205,325. The loan was approved on 04/14/2020 by The Truist Bank reported 45 jobs and $205,325 was used to fund payroll.

Richani restaurant group is Existing or more than 2 years old

RICHANI RESTAURANT GROUP

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RICHANI RESTAURANT GROUP

Borrower Address

399 Deerlick Road

Borrower City

PINEY FLATS

Borrower State

TN

Borrower Zip

37686-3815

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205300.00

Current Approval Amount

205325.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

PINEY FLATS

Project County Name

SULLIVAN

Project State

TN

Project Zip

37686-3815

CD

TN-01

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205325.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

206961.90

Forgiveness Date

02/02/2021

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