PPP Loan information for Timberwood grill inc

$300,633

Timberwood grill inc was initially approved for PPP Loan of amount $300,633, the current approved amount is $300,633. The loan was approved on 03/13/2021 by The Truist Bank reported 41 jobs and $300,633 was used to fund payroll.

Timberwood grill inc is Existing or more than 2 years old

TIMBERWOOD GRILL INC

Date Approved

03/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

TIMBERWOOD GRILL INC

Borrower Address

3311 Worth Xing

Borrower City

Charlottesville

Borrower State

VA

Borrower Zip

22911-7484

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

300632.50

Current Approval Amount

300632.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Charlottesville

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22911-7484

CD

VA-05

Jobs Reported

41

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

300627.50

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302110.61

Forgiveness Date

09/09/2021

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