Date Approved
04/10/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
KARL T TAYLOR INC
Borrower Address
4671 WILSON AVE SW
Borrower City
GRANDVILLE
Borrower State
MI
Borrower Zip
49418-8709
Loan Status Date
10/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
155600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
IHOP
Servicing Lender Location Id
122493
Servicing Lender Name
Macatawa Bank
Servicing Lender Address
10753 Macatawa Dr
Servicing Lender City
HOLLAND
Servicing Lender State
Servicing Lender Zip
49424-9572
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-02
Jobs Reported
31
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
157727.24
Forgiveness Date
09/02/2021