PPP Loan information for Italian american banquet center inc.

$214,619

Italian american banquet center inc. was initially approved for PPP Loan of amount $214,619, the current approved amount is $214,619. The loan was approved on 01/27/2021 by The Independent Bank reported 8 jobs and $214,619 was used to fund payroll.

Italian american banquet center inc. is Existing or more than 2 years old

ITALIAN AMERICAN BANQUET CENTER INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ITALIAN AMERICAN BANQUET CENTER INC.

Borrower Address

39200 5 Mile Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48154-1338

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

214619.00

Current Approval Amount

214619.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48154-1338

CD

MI-12

Jobs Reported

8

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

214614.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

216206.59

Forgiveness Date

11/03/2021

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