PPP Loan information for Adachi restaurant group llc

$326,424

Adachi restaurant group llc was initially approved for PPP Loan of amount $326,424, the current approved amount is $326,424. The loan was approved on 02/06/2021 by The First Merchants Bank reported 35 jobs and $326,424 was used to fund payroll.

Adachi restaurant group llc is Existing or more than 2 years old

PPP Loan Search / MI / Birmingham / Adachi restaurant group llc

ADACHI RESTAURANT GROUP LLC

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ADACHI RESTAURANT GROUP LLC

Borrower Address

325 S Old Woodward Ave

Borrower City

Birmingham

Borrower State

MI

Borrower Zip

48009-6255

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

326424.00

Current Approval Amount

326424.00

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

Birmingham

Project County Name

OAKLAND

Project State

MI

Project Zip

48009-6255

CD

MI-11

Jobs Reported

35

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

326418.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

328883.36

Forgiveness Date

11/10/2021

;