Essence Restaurant Group, LLC
$842,300 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 5336727005
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $842,300
- Current Approval
- $842,300
- Forgiveness Amount
- $849,272
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Essence Restaurant Group, LLC
- Address
- 44 Grandville Ave
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49503-4083
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 93
- Estimated Revenue
- $16.5M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $571,300
- Rent
- $100,000
- Utilities
- $85,000
- Health Care
- $26,000
- Debt Interest
- $60,000
Lender Information
- Servicing Lender
- Union Bank
- Originating Lender
- Union Bank
Other PPP Loans in Grand Rapids, MI
| Business | Approved | |
|---|---|---|
| Feyen-Zylstra LLC | $10,000,000 |  AI Deep Dive |
| Hope Network | $10,000,000 | AI Deep Dive |
| Pridgeon & Clay, Inc. | $10,000,000 | AI Deep Dive |
| Fishbeck, Thompson, Carr & Huber, INC | $8,673,460 | AI Deep Dive |
| Advanced Radiology, Pllc | $8,461,762 | AI Deep Dive |
Want to research this company further?
Try NewBizBot free