PPP Loan information for Essence restaurant group llc

$1,179,220

Essence restaurant group llc was initially approved for PPP Loan of amount $1,179,220, the current approved amount is $1,179,220. The loan was approved on 01/19/2021 by The Union Bank reported 93 jobs and $1,179,220 was used to fund payroll.

Essence restaurant group llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Essence restaurant group llc

ESSENCE RESTAURANT GROUP LLC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ESSENCE RESTAURANT GROUP LLC

Borrower Address

44 Grandville Ave SW Ste 2

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49503-4064

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1179220.00

Current Approval Amount

1179220.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35975

Servicing Lender Name

Union Bank

Servicing Lender Address

933 4th Ave

Servicing Lender City

LAKE ODESSA

Servicing Lender State

MI

Servicing Lender Zip

48849-1020

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49503-4064

CD

MI-03

Jobs Reported

93

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1179214.00

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

35975

Originating Lender

Union Bank

Originating Lender City

LAKE ODESSA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1187671.08

Forgiveness Date

10/06/2021

;