PPP Loan information for Penna's restaurant inc.

$431,070

Penna's restaurant inc. was initially approved for PPP Loan of amount $431,070, the current approved amount is $431,070. The loan was approved on 01/27/2021 by The Fifth Third Bank reported 24 jobs and $431,070 was used to fund payroll.

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

PPP Loan Search / MI / Sterling Hts / Penna's restaurant inc.

PENNA'S RESTAURANT INC.

Date Approved

01/27/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PENNA'S RESTAURANT INC.

Borrower Address

43985 Hayes Rd

Borrower City

Sterling Hts

Borrower State

MI

Borrower Zip

48313-2211

Loan Status Date

02/24/2023

Loan Status

Charged Off

Term

35

SBA Guaranty Percentage

100

Initial Approval Amount

431070.00

Current Approval Amount

431070.00

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

48313-2211

CD

MI-10

Jobs Reported

24

NAICS Code

722320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

431064.00

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

0.00

Forgiveness Date

;