PPP Loan information for Commonwealth blue ribbon restaurants

$2,101,900

Commonwealth blue ribbon restaurants was initially approved for PPP Loan of amount $2,101,900, the current approved amount is $2,101,900. The loan was approved on 04/28/2020 by The Loan Source Incorporated reported 326 jobs and $2,101,900 was used to fund payroll.

Commonwealth blue ribbon restaurants is Existing or more than 2 years old

COMMONWEALTH BLUE RIBBON RESTAURANTS

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

COMMONWEALTH BLUE RIBBON RESTAURANTS

Borrower Address

8451 BOULDER CT STE 250

Borrower City

WALLED LAKE

Borrower State

MI

Borrower Zip

48390-4155

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2101900.00

Current Approval Amount

2101900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALLED LAKE

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-4155

CD

MI-11

Jobs Reported

326

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2101900.00

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

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2125740.73

Forgiveness Date

06/18/2021

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