Black Angus Steakhouses LLC

$10,000,000 PPP Loan in Sherman Oaks, California

Loan Details

Loan Number
2300337109
Date Approved
Apr 10, 2020
Loan Status
Exemption 4
Initial Approval
$10,000,000
Current Approval
$10,000,000
Forgiveness Amount
$9,442,860
Forgiveness Date
Dec 13, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Black Angus Steakhouses LLC
Address
13400 Riverside Drive Suite 210
ZIP Code
91423-2500
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
63
Estimated Revenue
$11.2M
Rural/Urban
Urban
Congressional District
CA-32

Loan Use Breakdown

Payroll
$7,500,000
Rent
$2,000,000
Utilities
$500,000

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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