PPP Loan information for South lyon restaurant company

$47,500

South lyon restaurant company was initially approved for PPP Loan of amount $47,500, the current approved amount is $47,500. The loan was approved on 05/04/2020 by The Bank Michigan reported 17 jobs and $47,500 was used to fund payroll.

South lyon restaurant company is Existing or more than 2 years old

PPP Loan Search / MI / South Lyon / South lyon restaurant company

SOUTH LYON RESTAURANT COMPANY

Date Approved

05/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTH LYON RESTAURANT COMPANY

Borrower Address

20790 Pontiac Trail

Borrower City

South Lyon

Borrower State

MI

Borrower Zip

48178

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47500.00

Current Approval Amount

47500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36187

Servicing Lender Name

Bank Michigan

Servicing Lender Address

417 S Main St

Servicing Lender City

BROOKLYN

Servicing Lender State

MI

Servicing Lender Zip

49230-8616

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Lyon

Project County Name

OAKLAND

Project State

MI

Project Zip

48178-0001

CD

MI-07

Jobs Reported

17

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1463.00

Payroll Proceed

38037.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36187

Originating Lender

Bank Michigan

Originating Lender City

BROOKLYN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

48040.07

Forgiveness Date

07/02/2021

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