PPP Loan information for The lakes bar and grille inc

$159,880

The lakes bar and grille inc was initially approved for PPP Loan of amount $159,880, the current approved amount is $159,880. The loan was approved on 02/22/2021 by The Citizens Bank, National Association reported 22 jobs and $159,880 was used to fund payroll.

The lakes bar and grille inc is Existing or more than 2 years old

THE LAKES BAR AND GRILLE INC

Date Approved

02/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE LAKES BAR AND GRILLE INC

Borrower Address

2528 Union Lake Rd

Borrower City

Commerce Township

Borrower State

MI

Borrower Zip

48382-3552

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159880.00

Current Approval Amount

159880.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Commerce Township

Project County Name

OAKLAND

Project State

MI

Project Zip

48382-3552

CD

MI-11

Jobs Reported

22

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159878.00

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

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

161220.36

Forgiveness Date

12/28/2021

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