PPP Loan information for Adrian restaurant inc

$71,841

Adrian restaurant inc was initially approved for PPP Loan of amount $71,841, the current approved amount is $71,841. The loan was approved on 02/06/2021 by The First Merchants Bank reported 20 jobs and $71,841 was used to fund payroll.

Adrian restaurant inc is Existing or more than 2 years old

PPP Loan Search / MI / Adrian / Adrian restaurant inc

ADRIAN RESTAURANT INC

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ADRIAN RESTAURANT INC

Borrower Address

126 N Broad St

Borrower City

Adrian

Borrower State

MI

Borrower Zip

49221-1666

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

71841.00

Current Approval Amount

71841.00

Undisbursed Amount

0.00

Franchise Name

Big Boy

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Adrian

Project County Name

LENAWEE

Project State

MI

Project Zip

49221-1666

CD

MI-05

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

71837.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

72087.03

Forgiveness Date

06/23/2021

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