PPP Loan information for The prescott restaurant group

$36,442

The prescott restaurant group was initially approved for PPP Loan of amount $51,665, the current approved amount is $36,442. The loan was approved on 04/07/2020 by The Truist Bank reported 11 jobs and $36,442 was used to fund payroll.

The prescott restaurant group is New Business or 2 years or less

THE PRESCOTT RESTAURANT GROUP

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE PRESCOTT RESTAURANT GROUP

Borrower Address

126 MAIN ST Suite G

Borrower City

KERNERSVILLE

Borrower State

NC

Borrower Zip

27284-2732

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51665.00

Current Approval Amount

36442.08

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

KERNERSVILLE

Project County Name

FORSYTH

Project State

NC

Project Zip

27284-2732

CD

NC-06

Jobs Reported

11

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

36442.08

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

36966.44

Forgiveness Date

09/21/2021

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