Date Approved
01/29/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
L & B CONEY ISLAND INC
Borrower Address
112 S AMIN ST
Borrower City
ROYAL OAK
Borrower State
MI
Borrower Zip
48067
Loan Status Date
01/19/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
93491.64
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Leo's Coney Island
Servicing Lender Location Id
33538
Servicing Lender Name
Commercial Bank
Servicing Lender Address
301 N State St
Servicing Lender City
ALMA
Servicing Lender State
Servicing Lender Zip
48801-1634
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-09
Jobs Reported
19
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
93489.64
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
94280.56
Forgiveness Date
12/14/2021