COVID Stimulus Watch Individual Entry

Recipient Company:

NRG Management LLC/Neighborhood Restaurant Group VII, LLC/Neighborhood Restaurant Group X, LLC/Neighborhood Restaurant Group XIII, LLC/Majestic Grill,

Loan or Loan Guarantee Amount:

$10,861,874

Recipient Details

Ownership Structure: privately held

Facility City: Alexandria

Facility State: VA

Award Details

Award Date: Dec 22, 2020

Award Type: loan

Award Details: Amount is principal amount of loan purchased by the Main Street Loan Program. This loan has multiple co-borrowers. CO-BORROWERS: 1. NRG Management LLC (Alexandria, VA); 2. Neighborhood Restaurant Group VII, LLC (Alexandria, VA); 3. Neighborhood Restaurant Group X, LLC (Alexandria, VA); 4. Neighborhood Restaurant Group XIII, LLC (Alexandria, VA); 5. Majestic Grill, Inc. (Alexandria, VA); 6. Neighborhood Restaurant Group III, LLC (Alexandria, VA); 7. Neighborhood Restaurant Group II, LLC (Alexandria, VA); 8. Neighborhood Restaurant Group V, LLC (Alexandria, VA); 9. Neighborhood Restaurant Group XIV, LLC (Alexandria, VA); 10. Neighborhood Restaurant Group XIX, LLC (Alexandria, VA).

PPP Lender: Freedom Bank Of Virginia, The

Program Name: Main Street Loan Program

Legislation: CARES

Awarding Agency: Federal Reserve

Data Source for Award:

https://www.federalreserve.gov/publications/reports-to-congress-in-respo...

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Accountability Issues Since 2010

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