PPP Loan information for Mbr restaurant, inc.

$106,227

Mbr restaurant, inc. was initially approved for PPP Loan of amount $106,227, the current approved amount is $106,227. The loan was approved on 04/09/2020 by The Mercantile Bank reported 46 jobs and $106,227 was used to fund payroll.

Mbr restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / MI / WASHINGTON / Mbr restaurant, inc.

MBR RESTAURANT, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MBR RESTAURANT, INC.

Borrower Address

66020 Van Dyke

Borrower City

WASHINGTON

Borrower State

MI

Borrower Zip

48095-2013

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106227.00

Current Approval Amount

106227.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

MACOMB

Project State

MI

Project Zip

48095-2013

CD

MI-09

Jobs Reported

46

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8409.00

Payroll Proceed

84982.00

Mortgage Interest Proceed

0.00

Rent Proceed

12836.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107367.85

Forgiveness Date

05/12/2021

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