PPP Loan information for Tarmac lounge & restaurant

$50,834

Tarmac lounge & restaurant was initially approved for PPP Loan of amount $50,834, the current approved amount is $50,834. The loan was approved on 02/06/2021 by The Loan Source Incorporated reported 4 jobs and $50,834 was used to fund payroll.

Tarmac lounge & restaurant is Existing or more than 2 years old

TARMAC LOUNGE & RESTAURANT

Date Approved

02/06/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

TARMAC LOUNGE & RESTAURANT

Borrower Address

1401 University Blvd E

Borrower City

Hyattsville

Borrower State

MD

Borrower Zip

20783-4029

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50834.00

Current Approval Amount

50834.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hyattsville

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20783-4029

CD

MD-04

Jobs Reported

4

NAICS Code

722511

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

50829.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51210.03

Forgiveness Date

11/09/2021

;