Karl's Family Restaurant, Inc.

$519,123 PPP Loan in Plymouth, Michigan

Loan Details

Loan Number
5503308307
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$519,123
Current Approval
$519,123
Forgiveness Amount
$523,404
Forgiveness Date
Dec 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Karl's Family Restaurant, Inc.
Address
6005 Gotfredson Rd
ZIP Code
48170
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$519,120
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Blue Ridge Bank, National Association

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