Pak Management of Michigan INC

$472,057 PPP Loan in Macomb, Michigan

Loan Details

Loan Number
3159367101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$472,057
Current Approval
$472,057
Forgiveness Amount
$476,778
Forgiveness Date
Apr 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Pak Management of Michigan INC
Address
45780 Northgratiot Ave
City
Macomb
ZIP Code
48042-5447
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Kfc
Business Age
New Business or 2 years or less
Jobs Reported
151
Estimated Revenue
$26.8M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$360,437
Rent
$83,446
Utilities
$17,871
Debt Interest
$10,303

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Pacific Premier Bank

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