Sizzlin 5, Inc.

$1,258,169 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
4749667200
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$1,258,169
Current Approval
$1,258,169
Forgiveness Amount
$1,271,647
Forgiveness Date
May 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sizzlin 5, Inc.
Address
25 Commerce Ave SW Suite 500
ZIP Code
49503-4100
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
179
Estimated Revenue
$31.8M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,006,536
Rent
$151,323
Utilities
$100,311

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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