PPP Loan information for The fairhope inn restaurant llc

$82,000

The fairhope inn restaurant llc was initially approved for PPP Loan of amount $82,000, the current approved amount is $82,000. The loan was approved on 04/05/2020 by The ServisFirst Bank reported 19 jobs and $82,000 was used to fund payroll.

The fairhope inn restaurant llc is New Business or 2 years or less

THE FAIRHOPE INN RESTAURANT LLC

Date Approved

04/05/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

THE FAIRHOPE INN RESTAURANT LLC

Borrower Address

63 S CHURCH STREET

Borrower City

FAIRHOPE

Borrower State

AL

Borrower Zip

36532-2343

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

82000.00

Current Approval Amount

82000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FAIRHOPE

Project County Name

BALDWIN

Project State

AL

Project Zip

36532-2343

CD

AL-01

Jobs Reported

19

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

65000.00

Mortgage Interest Proceed

11000.00

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

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82703.83

Forgiveness Date

02/17/2021

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