PPP Loan information for Sitar indian cuisine inc

$124,004

Sitar indian cuisine inc was initially approved for PPP Loan of amount $124,004, the current approved amount is $124,004. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 15 jobs and $124,004 was used to fund payroll.

Sitar indian cuisine inc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Sitar indian cuisine inc

SITAR INDIAN CUISINE INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SITAR INDIAN CUISINE INC

Borrower Address

3630 DURHAM CHAPEL HILL ROAD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27707

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124004.00

Current Approval Amount

124004.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27707-0001

CD

NC-04

Jobs Reported

15

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124004.00

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

Subchapter S Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125121.73

Forgiveness Date

04/01/2021

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