PPP Loan information for Southwoods family restaurant

$210,371

Southwoods family restaurant was initially approved for PPP Loan of amount $210,371, the current approved amount is $210,371. The loan was approved on 01/20/2021 by The First Community Bank reported 25 jobs and $210,371 was used to fund payroll.

Southwoods family restaurant is Existing or more than 2 years old

PPP Loan Search / MI / Petoskey / Southwoods family restaurant

SOUTHWOODS FAMILY RESTAURANT

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOUTHWOODS FAMILY RESTAURANT

Borrower Address

1007 Spring St

Borrower City

Petoskey

Borrower State

MI

Borrower Zip

49770-2810

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

210371.00

Current Approval Amount

210371.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35298

Servicing Lender Name

First Community Bank

Servicing Lender Address

200 E Main St

Servicing Lender City

HARBOR SPRINGS

Servicing Lender State

MI

Servicing Lender Zip

49740-1512

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Petoskey

Project County Name

EMMET

Project State

MI

Project Zip

49770-2810

CD

MI-01

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

210365.00

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

Subchapter S Corporation

Originating Lender Location Id

35298

Originating Lender

First Community Bank

Originating Lender City

HARBOR SPRINGS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

211785.16

Forgiveness Date

09/29/2021

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