PPP Loan information for K and r restaurant llc

$224,961

K and r restaurant llc was initially approved for PPP Loan of amount $224,961, the current approved amount is $224,961. The loan was approved on 02/03/2021 by The Bank of Ann Arbor reported 44 jobs and $224,961 was used to fund payroll.

K and r restaurant llc is Existing or more than 2 years old

PPP Loan Search / MI / Commerce Township / K and r restaurant llc

K AND R RESTAURANT LLC

Date Approved

02/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

K AND R RESTAURANT LLC

Borrower Address

2435 Benstein Rd

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48390-1818

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224960.82

Current Approval Amount

224960.82

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48390-1818

CD

MI-11

Jobs Reported

44

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

224955.82

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226458.50

Forgiveness Date

10/06/2021

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