PPP Loan information for Michelle restaurant corporation

$140,000

Michelle restaurant corporation was initially approved for PPP Loan of amount $140,000, the current approved amount is $140,000. The loan was approved on 01/20/2021 by The Bank of America, National Association reported 18 jobs and $140,000 was used to fund payroll.

Michelle restaurant corporation is Existing or more than 2 years old

MICHELLE RESTAURANT CORPORATION

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MICHELLE RESTAURANT CORPORATION

Borrower Address

575 New Waverly Pl Ste 106

Borrower City

Cary

Borrower State

NC

Borrower Zip

27518-1611

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140000.00

Current Approval Amount

140000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cary

Project County Name

WAKE

Project State

NC

Project Zip

27518-1611

CD

NC-13

Jobs Reported

18

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

139996.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

140985.75

Forgiveness Date

10/06/2021

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