PPP Loan information for Corral of spartans inc.

$260,700

Corral of spartans inc. was initially approved for PPP Loan of amount $260,700, the current approved amount is $260,700. The loan was approved on 02/12/2021 by The American Lending Center reported 28 jobs and $260,700 was used to fund payroll.

Corral of spartans inc. is Existing or more than 2 years old

PPP Loan Search / MI / Lansing / Corral of spartans inc.

CORRAL OF SPARTANS INC.

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CORRAL OF SPARTANS INC.

Borrower Address

730 Elmwood Rd

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48917-2072

Loan Status Date

08/16/2022

Loan Status

Charged Off

Term

83

SBA Guaranty Percentage

100

Initial Approval Amount

260699.74

Current Approval Amount

260699.74

Undisbursed Amount

0.00

Franchise Name

Golden Corral

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

EATON

Project State

MI

Project Zip

48917-2072

CD

MI-07

Jobs Reported

28

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

260695.74

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

110207.77

Forgiveness Date

03/24/2022

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