PPP Loan information for Genoa banquet center inc

$324,972

Genoa banquet center inc was initially approved for PPP Loan of amount $324,972, the current approved amount is $324,972. The loan was approved on 01/25/2021 by The First Merchants Bank reported 55 jobs and $324,972 was used to fund payroll.

Genoa banquet center inc is Existing or more than 2 years old

PPP Loan Search / MI / Howell / Genoa banquet center inc

GENOA BANQUET CENTER INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GENOA BANQUET CENTER INC

Borrower Address

5768 E Grand River Ave

Borrower City

Howell

Borrower State

MI

Borrower Zip

48843-9106

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

324971.50

Current Approval Amount

324971.50

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48843-9106

CD

MI-07

Jobs Reported

55

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

324966.50

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

Corporation

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

327580.18

Forgiveness Date

11/16/2021

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