PPP Loan information for Old school restaurant on main llc

$385,980

Old school restaurant on main llc was initially approved for PPP Loan of amount $385,980, the current approved amount is $385,980. The loan was approved on 01/20/2021 by The First Merchants Bank reported 32 jobs and $385,980 was used to fund payroll.

Old school restaurant on main llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Old school restaurant on main llc

OLD SCHOOL RESTAURANT ON MAIN LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OLD SCHOOL RESTAURANT ON MAIN LLC

Borrower Address

3075 Charlevoix Dr SE Ste 100

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49546-7004

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

385980.00

Current Approval Amount

385980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49546-7004

CD

MI-03

Jobs Reported

32

NAICS Code

722511

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

385978.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388771.75

Forgiveness Date

10/13/2021

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