The Colonial Restaurant, Inc.

$135,619 PPP Loan in Rustburg, Virginia

Loan Details

Loan Number
6361187005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$135,619
Current Approval
$135,619
Forgiveness Amount
$136,444
Forgiveness Date
Nov 25, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
The Colonial Restaurant, Inc.
Address
8790 Wards Road
ZIP Code
24588-2571
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$7.1M
Rural/Urban
Rural
Congressional District
VA-05

Loan Use Breakdown

Payroll
$130,619
Utilities
$5,000

Lender Information

Servicing Lender
First National Bank
Originating Lender
First National Bank

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