R/c Restaurants, LLC

$1,492,500 PPP Loan in Gadsden, Alabama

Loan Details

Loan Number
8134787007
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,492,500
Current Approval
$1,492,500
Forgiveness Amount
$1,501,946
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
R/c Restaurants, LLC
Address
3330 Al Highway 77
State
Alabama
ZIP Code
35907
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
406
Estimated Revenue
$72.1M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$1,492,500

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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