PPP Loan information for Commerce coney island inc

$119,511

Commerce coney island inc was initially approved for PPP Loan of amount $119,511, the current approved amount is $119,511. The loan was approved on 04/27/2021 by The American Lending Center reported 25 jobs and $119,511 was used to fund payroll.

Commerce coney island inc is Existing or more than 2 years old

COMMERCE CONEY ISLAND INC

Date Approved

04/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

COMMERCE CONEY ISLAND INC

Borrower Address

112 S Main St Ste 200

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48067-2658

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119511.14

Current Approval Amount

119511.14

Undisbursed Amount

0.00

Franchise Name

Leo's Coney Island

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Royal Oak

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-2658

CD

MI-11

Jobs Reported

25

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119509.14

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

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120185.05

Forgiveness Date

11/24/2021

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