PPP Loan information for Drave family restaurants llc

$1,310,342

Drave family restaurants llc was initially approved for PPP Loan of amount $1,310,342, the current approved amount is $1,310,342. The loan was approved on 04/15/2020 by The Community National Bank & Trust of Texas reported 306 jobs and $1,310,342 was used to fund payroll.

Drave family restaurants llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND LEDGE / Drave family restaurants llc

DRAVE FAMILY RESTAURANTS LLC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DRAVE FAMILY RESTAURANTS LLC

Borrower Address

6336 E SAGINAW HWY

Borrower City

GRAND LEDGE

Borrower State

MI

Borrower Zip

48837-9106

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1310342.08

Current Approval Amount

1310342.08

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

69248

Servicing Lender Name

Community National Bank & Trust of Texas

Servicing Lender Address

321 N 15th St

Servicing Lender City

CORSICANA

Servicing Lender State

TX

Servicing Lender Zip

75110-4511

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND LEDGE

Project County Name

EATON

Project State

MI

Project Zip

48837-9106

CD

MI-07

Jobs Reported

306

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1310342.08

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

69248

Originating Lender

Community National Bank & Trust of Texas

Originating Lender City

CORSICANA

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1318968.50

Forgiveness Date

12/09/2020

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