PPP Loan information for Surcheros franchising corporation

$131,000

Surcheros franchising corporation was initially approved for PPP Loan of amount $131,000, the current approved amount is $131,000. The loan was approved on 02/05/2021 by The Pineland Bank reported 6 jobs and $131,000 was used to fund payroll.

Surcheros franchising corporation is Existing or more than 2 years old

SURCHEROS FRANCHISING CORPORATION

Date Approved

02/05/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

SURCHEROS FRANCHISING CORPORATION

Borrower Address

412 Ward St W

Borrower City

Douglas

Borrower State

GA

Borrower Zip

31533-3504

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

131000.00

Current Approval Amount

131000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17808

Servicing Lender Name

Pineland Bank

Servicing Lender Address

501 W 12th St

Servicing Lender City

ALMA

Servicing Lender State

GA

Servicing Lender Zip

31510-1956

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Douglas

Project County Name

COFFEE

Project State

GA

Project Zip

31533-3504

CD

GA-08

Jobs Reported

6

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

130998.00

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

17808

Originating Lender

Pineland Bank

Originating Lender City

ALMA

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131904.44

Forgiveness Date

10/22/2021

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