PPP Loan information for Satellite restaurants, inc.

$202,235

Satellite restaurants, inc. was initially approved for PPP Loan of amount $202,235, the current approved amount is $202,235. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 28 jobs and $202,235 was used to fund payroll.

Satellite restaurants, inc. is New Business or 2 years or less

PPP Loan Search / MD / OCEAN CITY / Satellite restaurants, inc.

SATELLITE RESTAURANTS, INC.

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SATELLITE RESTAURANTS, INC.

Borrower Address

12000 COASTAL HWY

Borrower City

OCEAN CITY

Borrower State

MD

Borrower Zip

21842-4701

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202235.00

Current Approval Amount

202235.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OCEAN CITY

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-4701

CD

MD-01

Jobs Reported

28

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

202235.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

204545.47

Forgiveness Date

06/28/2021

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