PPP Loan information for Fairlanes family entertainment center llc

$65,362

Fairlanes family entertainment center llc was initially approved for PPP Loan of amount $65,362, the current approved amount is $65,362. The loan was approved on 01/20/2021 by The First Merchants Bank reported 15 jobs and $65,362 was used to fund payroll.

Fairlanes family entertainment center llc is Existing or more than 2 years old

FAIRLANES FAMILY ENTERTAINMENT CENTER LLC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FAIRLANES FAMILY ENTERTAINMENT CENTER LLC

Borrower Address

25361 Dequindre Rd

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-4241

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

65362.37

Current Approval Amount

65362.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-4241

CD

MI-11

Jobs Reported

15

NAICS Code

713950

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

65359.37

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65860.20

Forgiveness Date

10/27/2021

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