PPP Loan information for Downing m-24 restaurant llc

$80,812

Downing m-24 restaurant llc was initially approved for PPP Loan of amount $80,812, the current approved amount is $80,812. The loan was approved on 02/08/2021 by The Thumb Bank & Trust reported 10 jobs and $80,812 was used to fund payroll.

Downing m-24 restaurant llc is Existing or more than 2 years old

DOWNING M-24 RESTAURANT LLC

Date Approved

02/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DOWNING M-24 RESTAURANT LLC

Borrower Address

1354 Mertz Rd

Borrower City

Caro

Borrower State

MI

Borrower Zip

48723-9508

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80811.50

Current Approval Amount

80811.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36209

Servicing Lender Name

Thumb Bank & Trust

Servicing Lender Address

7254 Michigan Ave

Servicing Lender City

PIGEON

Servicing Lender State

MI

Servicing Lender Zip

48755

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Caro

Project County Name

TUSCOLA

Project State

MI

Project Zip

48723-9508

CD

MI-09

Jobs Reported

10

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

80809.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

36209

Originating Lender

Thumb Bank & Trust

Originating Lender City

PIGEON

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81451.35

Forgiveness Date

11/26/2021

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