PPP Loan information for The shepherd bar and restaurant inc.

$102,609

The shepherd bar and restaurant inc. was initially approved for PPP Loan of amount $102,609, the current approved amount is $102,609. The loan was approved on 02/07/2021 by The Mercantile Bank reported 9 jobs and $102,609 was used to fund payroll.

The shepherd bar and restaurant inc. is Existing or more than 2 years old

PPP Loan Search / MI / Shepherd / The shepherd bar and restaurant inc.

THE SHEPHERD BAR AND RESTAURANT INC.

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

THE SHEPHERD BAR AND RESTAURANT INC.

Borrower Address

324 W Wright Ave

Borrower City

Shepherd

Borrower State

MI

Borrower Zip

48883-2513

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102609.00

Current Approval Amount

102609.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shepherd

Project County Name

ISABELLA

Project State

MI

Project Zip

48883-2513

CD

MI-04

Jobs Reported

9

NAICS Code

722410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

102606.00

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103536.70

Forgiveness Date

01/06/2022

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