PPP Loan information for Southgate restaurant inc.

$41,975

Southgate restaurant inc. was initially approved for PPP Loan of amount $41,975, the current approved amount is $41,975. The loan was approved on 05/01/2020 by The Cross River Bank reported 19 jobs and $41,975 was used to fund payroll.

Southgate restaurant inc. is Existing or more than 2 years old

SOUTHGATE RESTAURANT INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTHGATE RESTAURANT INC.

Borrower Address

14993 Dix Toledo Hwy

Borrower City

Southgate

Borrower State

MI

Borrower Zip

48195

Loan Status Date

07/09/2022

Loan Status

Charged Off

Term

5

SBA Guaranty Percentage

100

Initial Approval Amount

41975.00

Current Approval Amount

41975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southgate

Project County Name

WAYNE

Project State

MI

Project Zip

48195-0001

CD

MI-13

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

41975.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;