PPP Loan information for Corral of clinton inc

$345,609

Corral of clinton inc was initially approved for PPP Loan of amount $345,609, the current approved amount is $345,609. The loan was approved on 02/11/2021 by The American Lending Center reported 42 jobs and $345,609 was used to fund payroll.

Corral of clinton inc is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Township / Corral of clinton inc

CORRAL OF CLINTON INC

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CORRAL OF CLINTON INC

Borrower Address

15220 Hall Rd

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48038-1033

Loan Status Date

08/16/2022

Loan Status

Charged Off

Term

42

SBA Guaranty Percentage

100

Initial Approval Amount

345608.62

Current Approval Amount

345608.62

Undisbursed Amount

0.00

Franchise Name

Golden Corral

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48038-1033

CD

MI-10

Jobs Reported

42

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

345603.62

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

Corporation

Originating Lender Location Id

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

260834.68

Forgiveness Date

03/24/2022

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