PPP Loan information for Basement burger bar detroit inc

$174,412

Basement burger bar detroit inc was initially approved for PPP Loan of amount $174,412, the current approved amount is $174,412. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $174,412 was used to fund payroll.

Basement burger bar detroit inc is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / Basement burger bar detroit inc

BASEMENT BURGER BAR DETROIT INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BASEMENT BURGER BAR DETROIT INC

Borrower Address

28882 Kendallwood Dr.

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

174412.00

Current Approval Amount

174412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-0899

CD

MI-11

Jobs Reported

30

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4412.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

0.00

Rent Proceed

5000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

5000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176254.18

Forgiveness Date

05/25/2021

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