PPP Loan information for United restaurant equipment corp

$724,325

United restaurant equipment corp was initially approved for PPP Loan of amount $724,325, the current approved amount is $724,325. The loan was approved on 01/31/2021 by The PNC Bank, National Association reported 45 jobs and $724,325 was used to fund payroll.

United restaurant equipment corp is Existing or more than 2 years old

UNITED RESTAURANT EQUIPMENT CORP

Date Approved

01/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

UNITED RESTAURANT EQUIPMENT CORP

Borrower Address

2654 S Saunders St

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27603-2840

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

724325.00

Current Approval Amount

724325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27603-2840

CD

NC-13

Jobs Reported

45

NAICS Code

423440

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

724323.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

729576.36

Forgiveness Date

10/25/2021

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