PPP Loan information for The basement burger bar inc

$268,817

The basement burger bar inc was initially approved for PPP Loan of amount $268,817, the current approved amount is $268,817. The loan was approved on 03/09/2021 by The PNC Bank, National Association reported 14 jobs and $268,817 was used to fund payroll.

The basement burger bar inc is Existing or more than 2 years old

THE BASEMENT BURGER BAR INC

Date Approved

03/09/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE BASEMENT BURGER BAR INC

Borrower Address

33316 Grand River Ave 33316 Grand River Ave

Borrower City

Farmington

Borrower State

MI

Borrower Zip

48336-6404

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

268817.00

Current Approval Amount

268817.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington

Project County Name

OAKLAND

Project State

MI

Project Zip

48336-6404

CD

MI-11

Jobs Reported

14

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

268813.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

270526.97

Forgiveness Date

10/26/2021

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