PPP Loan information for Corral of westland llc

$376,988

Corral of westland llc was initially approved for PPP Loan of amount $376,988, the current approved amount is $376,988. The loan was approved on 01/19/2021 by The American Lending Center reported 47 jobs and $376,988 was used to fund payroll.

Corral of westland llc is Existing or more than 2 years old

CORRAL OF WESTLAND LLC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CORRAL OF WESTLAND LLC

Borrower Address

37101 Warren Rd

Borrower City

Westland

Borrower State

MI

Borrower Zip

48185-4538

Loan Status Date

07/14/2022

Loan Status

Charged Off

Term

43

SBA Guaranty Percentage

100

Initial Approval Amount

376987.94

Current Approval Amount

376987.94

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

N

Business Age Description

Existing or more than 2 years old

Project City

Westland

Project County Name

WAYNE

Project State

MI

Project Zip

48185-4538

CD

MI-12

Jobs Reported

47

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

376982.94

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

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

369821.92

Forgiveness Date

05/23/2022

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