PPP Loan information for Professional restaurant services, inc.

$167,000

Professional restaurant services, inc. was initially approved for PPP Loan of amount $167,000, the current approved amount is $167,000. The loan was approved on 04/15/2020 by The Comerica Bank reported 14 jobs and $167,000 was used to fund payroll.

Professional restaurant services, inc. is Existing or more than 2 years old

PROFESSIONAL RESTAURANT SERVICES, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROFESSIONAL RESTAURANT SERVICES, INC.

Borrower Address

38589 RIVER PARK DR

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48313-5779

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

167000.00

Current Approval Amount

167000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48313-5779

CD

MI-10

Jobs Reported

14

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

133658.00

Mortgage Interest Proceed

33342.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

168294.25

Forgiveness Date

01/26/2021

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