Drave Family Restaurants LLC

$1,310,342 PPP Loan in Grand Ledge, Michigan

Loan Details

Loan Number
1841157210
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,310,342
Current Approval
$1,310,342
Forgiveness Amount
$1,318,969
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Drave Family Restaurants LLC
Address
6336 E Saginaw Hwy
ZIP Code
48837-9106
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
306
Estimated Revenue
$54.3M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$1,310,342

Lender Information

Servicing Lender
Community National Bank & Trust of Texas
Originating Lender
Community National Bank & Trust of Texas

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