PPP Loan information for Lake orion bb family restaurant inc

$117,542

Lake orion bb family restaurant inc was initially approved for PPP Loan of amount $117,542, the current approved amount is $117,542. The loan was approved on 02/05/2021 by The Commercial Bank reported 39 jobs and $117,542 was used to fund payroll.

Lake orion bb family restaurant inc is Existing or more than 2 years old

LAKE ORION BB FAMILY RESTAURANT INC

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAKE ORION BB FAMILY RESTAURANT INC

Borrower Address

4940 S Baldwin Rd

Borrower City

Lake Orion

Borrower State

MI

Borrower Zip

48359-2116

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117542.31

Current Approval Amount

117542.31

Undisbursed Amount

0.00

Franchise Name

Big Boy

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lake Orion

Project County Name

OAKLAND

Project State

MI

Project Zip

48359-2116

CD

MI-09

Jobs Reported

39

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

117540.31

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

118666.21

Forgiveness Date

01/26/2022

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