PPP Loan information for Corral of grand rapids llc

$361,400

Corral of grand rapids llc was initially approved for PPP Loan of amount $361,400, the current approved amount is $361,400. The loan was approved on 01/19/2021 by The Capitol National Bank reported 41 jobs and $361,400 was used to fund payroll.

Corral of grand rapids llc is Existing or more than 2 years old

PPP Loan Search / MI / Walker / Corral of grand rapids llc

CORRAL OF GRAND RAPIDS LLC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CORRAL OF GRAND RAPIDS LLC

Borrower Address

3461 Alpine Ave NW

Borrower City

Walker

Borrower State

MI

Borrower Zip

49544-1633

Loan Status Date

01/06/2023

Loan Status

Charged Off

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

361400.00

Current Approval Amount

361400.00

Undisbursed Amount

0.00

Franchise Name

Golden Corral

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Walker

Project County Name

KENT

Project State

MI

Project Zip

49544-1633

CD

MI-03

Jobs Reported

41

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

361396.00

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

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55657.56

Forgiveness Date

09/22/2022

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