PPP Loan information for Merkel restaurant group llc

$293,400

Merkel restaurant group llc was initially approved for PPP Loan of amount $293,400, the current approved amount is $293,400. The loan was approved on 04/12/2020 by The Bank of Ann Arbor reported 63 jobs and $293,400 was used to fund payroll.

Merkel restaurant group llc is Existing or more than 2 years old

PPP Loan Search / MI / HOWELL / Merkel restaurant group llc

MERKEL RESTAURANT GROUP LLC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MERKEL RESTAURANT GROUP LLC

Borrower Address

101 W Grand River Avenue

Borrower City

HOWELL

Borrower State

MI

Borrower Zip

48843-2236

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

293400.00

Current Approval Amount

293400.00

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

4000.00

Payroll Proceed

234720.00

Mortgage Interest Proceed

0.00

Rent Proceed

54680.00

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

296840.42

Forgiveness Date

06/24/2021

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