PPP Loan information for Picano restaurant, inc.

$225,600

Picano restaurant, inc. was initially approved for PPP Loan of amount $225,600, the current approved amount is $225,600. The loan was approved on 04/29/2020 by The Comerica Bank reported 45 jobs and $225,600 was used to fund payroll.

Picano restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Picano restaurant, inc.

PICANO RESTAURANT, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PICANO RESTAURANT, INC.

Borrower Address

3775 Rochester Road

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225600.00

Current Approval Amount

225600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-0899

CD

MI-11

Jobs Reported

45

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

225600.00

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

Subchapter S Corporation

Originating Lender Location Id

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227317.07

Forgiveness Date

02/09/2021

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