PPP Loan information for Sawmeal restaurant inc

$50,215

Sawmeal restaurant inc was initially approved for PPP Loan of amount $50,215, the current approved amount is $50,215. The loan was approved on 03/13/2021 by The Marion Bank and Trust Company reported 13 jobs and $50,215 was used to fund payroll.

Sawmeal restaurant inc is Existing or more than 2 years old

SAWMEAL RESTAURANT INC

Date Approved

03/13/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SAWMEAL RESTAURANT INC

Borrower Address

25 Owings Ave

Borrower City

Brent

Borrower State

AL

Borrower Zip

35034-3456

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50214.50

Current Approval Amount

50214.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2087

Servicing Lender Name

Marion Bank and Trust Company

Servicing Lender Address

601 Washington St

Servicing Lender City

MARION

Servicing Lender State

AL

Servicing Lender Zip

36756-2527

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brent

Project County Name

BIBB

Project State

AL

Project Zip

35034-3456

CD

AL-06

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50212.50

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

2087

Originating Lender

Marion Bank and Trust Company

Originating Lender City

MARION

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

50715.25

Forgiveness Date

03/22/2022

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