Associated Restaurant Ventures

$500,357 PPP Loan in Athens, Georgia

Loan Details

Loan Number
8687797010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$500,357
Current Approval
$500,357
Forgiveness Amount
$504,799
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Associated Restaurant Ventures
Address
1 Huntington Rd
City
Athens
State
Georgia
ZIP Code
30606-3185
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Wendy's
Business Age
Existing or more than 2 years old
Jobs Reported
170
Estimated Revenue
$30.2M
Rural/Urban
Urban
Congressional District
GA-10

Loan Use Breakdown

Payroll
$350,000
Rent
$60,000
Utilities
$45,000
Health Care
$25,357
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Pacific Premier Bank

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