PPP Loan information for Madison heights bb family restaurant inc.

$121,400

Madison heights bb family restaurant inc. was initially approved for PPP Loan of amount $121,400, the current approved amount is $121,400. The loan was approved on 05/01/2020 by The Bank Michigan reported 36 jobs and $121,400 was used to fund payroll.

Madison heights bb family restaurant inc. is New Business or 2 years or less

PPP Loan Search / MI / MADISON HEIGHTS / Madison heights bb family restaurant inc.

MADISON HEIGHTS BB FAMILY RESTAURANT INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MADISON HEIGHTS BB FAMILY RESTAURANT INC.

Borrower Address

30460 John R. Rd.

Borrower City

MADISON HEIGHTS

Borrower State

MI

Borrower Zip

48071-2127

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121400.00

Current Approval Amount

121400.00

Undisbursed Amount

0.00

Franchise Name

Big Boy

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MADISON HEIGHTS

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-2127

CD

MI-11

Jobs Reported

36

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97120.00

Mortgage Interest Proceed

0.00

Rent Proceed

24280.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

122743.72

Forgiveness Date

06/17/2021

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