PPP Loan information for 50's drive in inc

$48,544

50's drive in inc was initially approved for PPP Loan of amount $48,544, the current approved amount is $48,544. The loan was approved on 02/14/2021 by The Sturgis Bank & Trust Company reported 9 jobs and $48,544 was used to fund payroll.

50's drive in inc is Existing or more than 2 years old

PPP Loan Search / MI / South Haven / 50's drive in inc

50'S DRIVE IN INC

Date Approved

02/14/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

50'S DRIVE IN INC

Borrower Address

8510 M40

Borrower City

South Haven

Borrower State

MI

Borrower Zip

49090

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48544.00

Current Approval Amount

48544.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Haven

Project County Name

ALLEGAN

Project State

MI

Project Zip

49090

CD

MI-06

Jobs Reported

9

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

48539.00

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

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48841.91

Forgiveness Date

09/29/2021

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