PPP Loan information for Old school restaurant on main, llc

$275,700

Old school restaurant on main, llc was initially approved for PPP Loan of amount $275,700, the current approved amount is $275,700. The loan was approved on 04/27/2020 by The First Merchants Bank reported 32 jobs and $275,700 was used to fund payroll.

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

OLD SCHOOL RESTAURANT ON MAIN, LLC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OLD SCHOOL RESTAURANT ON MAIN, LLC

Borrower Address

3075 Charlevoix Drive SE - Suite 100

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49546-7004

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275700.00

Current Approval Amount

275700.00

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

0.00

Payroll Proceed

275700.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

277913.15

Forgiveness Date

02/19/2021

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