PPP Loan information for Imlay city bb family restaurant inc

$105,073

Imlay city bb family restaurant inc was initially approved for PPP Loan of amount $105,073, the current approved amount is $105,073. The loan was approved on 05/01/2020 by The Cross River Bank reported 33 jobs and $105,073 was used to fund payroll.

Imlay city bb family restaurant inc is New Business or 2 years or less

PPP Loan Search / MI / IMLAY CITY / Imlay city bb family restaurant inc

IMLAY CITY BB FAMILY RESTAURANT INC

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IMLAY CITY BB FAMILY RESTAURANT INC

Borrower Address

1949 CEDAR ST

Borrower City

IMLAY CITY

Borrower State

MI

Borrower Zip

48444

Loan Status Date

03/23/2023

Loan Status

Charged Off

Term

12

SBA Guaranty Percentage

100

Initial Approval Amount

105073.00

Current Approval Amount

105073.00

Undisbursed Amount

0.00

Franchise Name

Big Boy

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

IMLAY CITY

Project County Name

LAPEER

Project State

MI

Project Zip

48444-0001

CD

MI-09

Jobs Reported

33

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

105073.00

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

Corporation

Originating Lender Location Id

529113

Originating Lender

Kabbage, Inc.

Originating Lender City

Atlanta

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103261.68

Forgiveness Date

11/22/2022

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