PPP Loan information for Sitar indian cuisine inc

$179,351

Sitar indian cuisine inc was initially approved for PPP Loan of amount $179,351, the current approved amount is $179,351. The loan was approved on 03/18/2021 by The The Fidelity Bank reported 13 jobs and $179,351 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

03/18/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SITAR INDIAN CUISINE INC

Borrower Address

3630 Durham Chapel Hill Blvd

Borrower City

Durham

Borrower State

NC

Borrower Zip

27707-2661

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

179351.00

Current Approval Amount

179351.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50761

Servicing Lender Name

The Fidelity Bank

Servicing Lender Address

100 S Main St

Servicing Lender City

FUQUAY VARINA

Servicing Lender State

NC

Servicing Lender Zip

27526-2221

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

27707-2661

CD

NC-04

Jobs Reported

13

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

179350.00

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

50761

Originating Lender

The Fidelity Bank

Originating Lender City

FUQUAY VARINA

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180412.16

Forgiveness Date

10/26/2021

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