Cbc Restaurant Corp.

$2,000,000 PPP Loan in Newtown, Pennsylvania

Loan Details

Loan Number
9410968403
Date Approved
Feb 17, 2021
Loan Status
Charged Off
Initial Approval
$2,000,000
Current Approval
$10,000,000
Forgiveness Amount
$8,511,224
Forgiveness Date
Jul 13, 2022
Term
38 months
Draw
First Draw

Business Information

Business Name
Cbc Restaurant Corp.
Address
121 Friends Ln Ste 301
ZIP Code
18940-1897
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
300
Estimated Revenue
$53.3M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$9,999,998
Utilities
$1

Lender Information

Servicing Lender
Meridian Bank
Originating Lender
Meridian Bank

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