R.r.c. Restaurants, Inc.

$538,775 PPP Loan in Newark, Delaware

Loan Details

Loan Number
5987977003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$538,775
Current Approval
$538,775
Forgiveness Amount
$542,938
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
R.r.c. Restaurants, Inc.
Address
1115 College Ave
City
Newark
ZIP Code
19713-2307
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Friendly's
Business Age
Existing or more than 2 years old
Jobs Reported
175
Estimated Revenue
$31.1M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$450,000
Rent
$83,421
Utilities
$5,354

Lender Information

Servicing Lender
Wilmington Savings Fund Society, Fsb
Originating Lender
Wilmington Savings Fund Society, Fsb

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