PPP Loan information for Mcpherson's family restaurant inc.

$127,930

Mcpherson's family restaurant inc. was initially approved for PPP Loan of amount $127,930, the current approved amount is $127,930. The loan was approved on 05/20/2021 by The Frankenmuth CU reported 23 jobs and $127,930 was used to fund payroll.

Mcpherson's family restaurant inc. is Existing or more than 2 years old

MCPHERSON'S FAMILY RESTAURANT INC.

Date Approved

05/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MCPHERSON'S FAMILY RESTAURANT INC.

Borrower Address

8580 State Rd

Borrower City

Millington

Borrower State

MI

Borrower Zip

48746-9446

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127930.11

Current Approval Amount

127930.11

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millington

Project County Name

TUSCOLA

Project State

MI

Project Zip

48746-9446

CD

MI-05

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

127926.11

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

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128802.84

Forgiveness Date

01/26/2022

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