PPP Loan information for Mbr restaurant inc.

$148,718

Mbr restaurant inc. was initially approved for PPP Loan of amount $148,718, the current approved amount is $148,718. The loan was approved on 01/21/2021 by The Mercantile Bank reported 46 jobs and $148,718 was used to fund payroll.

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

PPP Loan Search / MI / Washington Township / Mbr restaurant inc.

MBR RESTAURANT INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MBR RESTAURANT INC.

Borrower Address

66020 Van Dyke Rd

Borrower City

Washington Township

Borrower State

MI

Borrower Zip

48095-2013

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148718.00

Current Approval Amount

148718.00

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 Township

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

1.00

Payroll Proceed

148714.00

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

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

149944.41

Forgiveness Date

11/22/2021

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