Date Approved
04/03/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
THE ROYAL OAK BREWING CO.
Borrower Address
215 4TH STREET
Borrower City
ROYAL OAK
Borrower State
MI
Borrower Zip
48067-2606
Loan Status Date
04/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
206100.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
525601
Servicing Lender Name
Mi Bank
Servicing Lender Address
3707 W Maple
Servicing Lender City
BLOOMFIELD HILLS
Servicing Lender State
Servicing Lender Zip
48301
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-11
Jobs Reported
20
NAICS Code
312120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
12000.00
Payroll Proceed
179600.00
Mortgage Interest Proceed
Rent Proceed
14500.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
207963.37
Forgiveness Date
03/10/2021