PPP Loan information for Penna's restaurant, inc.

$274,950

Penna's restaurant, inc. was initially approved for PPP Loan of amount $274,950, the current approved amount is $274,950. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 24 jobs and $274,950 was used to fund payroll.

Penna's restaurant, inc. is Existing or more than 2 years old

PENNA'S RESTAURANT, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PENNA'S RESTAURANT, INC.

Borrower Address

43985 HAYES

Borrower City

STERLING HTS

Borrower State

MI

Borrower Zip

48313

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

274950.00

Current Approval Amount

274950.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING HTS

Project County Name

MACOMB

Project State

MI

Project Zip

48313-0899

CD

MI-10

Jobs Reported

24

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

274950.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281632.81

Forgiveness Date

10/12/2022

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