PPP Loan information for Jacob's restaurant, inc.

$111,172

Jacob's restaurant, inc. was initially approved for PPP Loan of amount $111,172, the current approved amount is $111,172. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 13 jobs and $111,172 was used to fund payroll.

Jacob's restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / MI / FARMINGTON / Jacob's restaurant, inc.

JACOB'S RESTAURANT, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

JACOB'S RESTAURANT, INC.

Borrower Address

23360 FARMINGTON RD

Borrower City

FARMINGTON

Borrower State

MI

Borrower Zip

48336

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111172.00

Current Approval Amount

111172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARMINGTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-0899

CD

MI-11

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8000.00

Payroll Proceed

88938.00

Mortgage Interest Proceed

2234.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112203.98

Forgiveness Date

04/08/2021

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