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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
48195-0001
CD
MI-13
Jobs Reported
19
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
Forgiveness Date