PPP Loan information for The local restaurant inc.

$47,335

The local restaurant inc. was initially approved for PPP Loan of amount $47,335, the current approved amount is $47,335. The loan was approved on 02/09/2021 by The Builtwell Bank reported 11 jobs and $47,335 was used to fund payroll.

The local restaurant inc. is Existing or more than 2 years old

PPP Loan Search / GA / Dalton / The local restaurant inc.

THE LOCAL RESTAURANT INC.

Date Approved

02/09/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

THE LOCAL RESTAURANT INC.

Borrower Address

3001 E Walnut Ave Ste B

Borrower City

Dalton

Borrower State

GA

Borrower Zip

30721-2096

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

47335.00

Current Approval Amount

47335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67085

Servicing Lender Name

Builtwell Bank

Servicing Lender Address

728 Broad St

Servicing Lender City

CHATTANOOGA

Servicing Lender State

TN

Servicing Lender Zip

37402-1801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Dalton

Project County Name

WHITFIELD

Project State

GA

Project Zip

30721-2096

CD

GA-14

Jobs Reported

11

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

47329.00

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

67085

Originating Lender

Builtwell Bank

Originating Lender City

CHATTANOOGA

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47600.60

Forgiveness Date

09/07/2021

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