PPP Loan information for Rounds restaurant inc

$64,565

Rounds restaurant inc was initially approved for PPP Loan of amount $64,565, the current approved amount is $64,565. The loan was approved on 04/28/2020 by The Independent Bank reported 13 jobs and $64,565 was used to fund payroll.

Rounds restaurant inc is Existing or more than 2 years old

ROUNDS RESTAURANT INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ROUNDS RESTAURANT INC

Borrower Address

1033 E 8TH ST

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-2761

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64565.00

Current Approval Amount

64565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-2761

CD

MI-01

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64565.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

64982.46

Forgiveness Date

12/30/2020

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