PPP Loan information for The prime rib inc.

$494,156

The prime rib inc. was initially approved for PPP Loan of amount $494,156, the current approved amount is $494,156. The loan was approved on 03/16/2021 by The Truist Bank reported 36 jobs and $494,156 was used to fund payroll.

The prime rib inc. is Existing or more than 2 years old

PPP Loan Search / DC / Washington / The prime rib inc.

THE PRIME RIB INC.

Date Approved

03/16/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

THE PRIME RIB INC.

Borrower Address

2020 K St NW

Borrower City

Washington

Borrower State

DC

Borrower Zip

20006-1806

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

494156.00

Current Approval Amount

494156.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20006-1806

CD

DC-

Jobs Reported

36

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

494152.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

498370.05

Forgiveness Date

01/19/2022

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