PPP Loan information for Sc restaurant management llc

$207,500

Sc restaurant management llc was initially approved for PPP Loan of amount $207,500, the current approved amount is $207,500. The loan was approved on 04/14/2020 by The TBA CU reported 50 jobs and $207,500 was used to fund payroll.

Sc restaurant management llc is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Sc restaurant management llc

SC RESTAURANT MANAGEMENT LLC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SC RESTAURANT MANAGEMENT LLC

Borrower Address

3860 N LONG LAKE RD Units 5-6

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49684-7204

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207500.00

Current Approval Amount

207500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99467

Servicing Lender Name

TBA CU

Servicing Lender Address

630 E Front St

Servicing Lender City

TRAVERSE CITY

Servicing Lender State

MI

Servicing Lender Zip

49686-2618

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

49684-7204

CD

MI-01

Jobs Reported

50

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25937.00

Payroll Proceed

155625.00

Mortgage Interest Proceed

25938.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

99467

Originating Lender

TBA CU

Originating Lender City

TRAVERSE CITY

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

195756.93

Forgiveness Date

11/10/2020

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