PPP Loan information for Budd lake restaurant & lounge

$102,375

Budd lake restaurant & lounge was initially approved for PPP Loan of amount $102,375, the current approved amount is $102,375. The loan was approved on 03/02/2021 by The PNC Bank, National Association reported 18 jobs and $102,375 was used to fund payroll.

Budd lake restaurant & lounge is Existing or more than 2 years old

BUDD LAKE RESTAURANT & LOUNGE

Date Approved

03/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BUDD LAKE RESTAURANT & LOUNGE

Borrower Address

198 E. Main Street 198 E. Main Street

Borrower City

Harrison

Borrower State

MI

Borrower Zip

48625

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102375.00

Current Approval Amount

102375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Harrison

Project County Name

CLARE

Project State

MI

Project Zip

48625

CD

MI-04

Jobs Reported

18

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102373.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103208.22

Forgiveness Date

12/23/2021

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