PPP Loan information for Michaels family restaurant iii inc

$182,122

Michaels family restaurant iii inc was initially approved for PPP Loan of amount $182,122, the current approved amount is $182,122. The loan was approved on 01/30/2021 by The Univest Bank and Trust Co. reported 30 jobs and $182,122 was used to fund payroll.

Michaels family restaurant iii inc is Existing or more than 2 years old

PPP Loan Search / PA / Bensalem / Michaels family restaurant iii inc

MICHAELS FAMILY RESTAURANT III INC

Date Approved

01/30/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

MICHAELS FAMILY RESTAURANT III INC

Borrower Address

3340 Street Rd

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020-2002

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

182122.00

Current Approval Amount

182122.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bensalem

Project County Name

BUCKS

Project State

PA

Project Zip

19020-2002

CD

PA-01

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

182120.00

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

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

183893.32

Forgiveness Date

01/28/2022

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