PPP Loan information for The basement burger bar inc

$188,922

The basement burger bar inc was initially approved for PPP Loan of amount $188,922, the current approved amount is $188,922. The loan was approved on 04/28/2020 by The JPMorgan Chase Bank, National Association reported 30 jobs and $188,922 was used to fund payroll.

The basement burger bar inc is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON HILLS / The basement burger bar inc

THE BASEMENT BURGER BAR INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE BASEMENT BURGER BAR INC

Borrower Address

28882 Kendallwood Dr.

Borrower City

FARMINGTON HILLS

Borrower State

MI

Borrower Zip

48334

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

188922.00

Current Approval Amount

188922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-0899

CD

MI-11

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8922.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10000

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180071.47

Forgiveness Date

12/22/2020

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