PPP Loan information for Merkel restaurant group inc.

$410,800

Merkel restaurant group inc. was initially approved for PPP Loan of amount $410,800, the current approved amount is $410,800. The loan was approved on 02/01/2021 by The Bank of Ann Arbor reported 63 jobs and $410,800 was used to fund payroll.

Merkel restaurant group inc. is Existing or more than 2 years old

PPP Loan Search / MI / Howell / Merkel restaurant group inc.

MERKEL RESTAURANT GROUP INC.

Date Approved

02/01/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MERKEL RESTAURANT GROUP INC.

Borrower Address

101 W Grand River Ave

Borrower City

Howell

Borrower State

MI

Borrower Zip

48843-2236

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

410800.00

Current Approval Amount

410800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Howell

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48843-2236

CD

MI-07

Jobs Reported

63

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

410797.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

414255.22

Forgiveness Date

12/07/2021

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