PPP Loan information for American restaurant & lounge concepts inc.

$158,700

American restaurant & lounge concepts inc. was initially approved for PPP Loan of amount $158,700, the current approved amount is $158,700. The loan was approved on 04/10/2020 by The Primis Bank reported 29 jobs and $158,700 was used to fund payroll.

American restaurant & lounge concepts inc. is Existing or more than 2 years old

PPP Loan Search / VA / RESTON / American restaurant & lounge concepts inc.

AMERICAN RESTAURANT & LOUNGE CONCEPTS INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERICAN RESTAURANT & LOUNGE CONCEPTS INC.

Borrower Address

1617 WASHINGTON PLAZA NORTH

Borrower City

RESTON

Borrower State

VA

Borrower Zip

20190-4305

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158700.00

Current Approval Amount

158700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RESTON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20190-4305

CD

VA-11

Jobs Reported

29

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158700.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160060.91

Forgiveness Date

02/23/2021

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