PPP Loan information for Subway development inc

$244,260

Subway development inc was initially approved for PPP Loan of amount $266,515, the current approved amount is $244,260. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 18 jobs and $244,260 was used to fund payroll.

Subway development inc is Existing or more than 2 years old

SUBWAY DEVELOPMENT INC

Date Approved

05/01/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SUBWAY DEVELOPMENT INC

Borrower Address

737 WINDWOOD DR

Borrower City

CABOT

Borrower State

AR

Borrower Zip

72023

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

266515.00

Current Approval Amount

244260.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CABOT

Project County Name

LONOKE

Project State

AR

Project Zip

72023-0001

CD

AR-01

Jobs Reported

18

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244260.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247001.14

Forgiveness Date

06/24/2021

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