PPP Loan information for The gallery restaurant ii inc

$160,000

The gallery restaurant ii inc was initially approved for PPP Loan of amount $160,000, the current approved amount is $160,000. The loan was approved on 02/10/2021 by The Comerica Bank reported 24 jobs and $160,000 was used to fund payroll.

The gallery restaurant ii inc is Existing or more than 2 years old

PPP Loan Search / MI / Bloomfield Hills / The gallery restaurant ii inc

THE GALLERY RESTAURANT II INC

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE GALLERY RESTAURANT II INC

Borrower Address

6638 Telegraph Rd

Borrower City

Bloomfield Hills

Borrower State

MI

Borrower Zip

48301-3012

Loan Status Date

08/03/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160000.00

Current Approval Amount

160000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48301-3012

CD

MI-11

Jobs Reported

24

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

159997.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162240.00

Forgiveness Date

07/06/2022

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