Gb Hospitality, INC

$165,500 PPP Loan in Clarkston, Michigan

Loan Details

Loan Number
8170467002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$165,500
Current Approval
$165,500
Forgiveness Amount
$167,753
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Gb Hospitality, INC
Address
7734 Somerhill Ln
ZIP Code
48348-4383
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Culver's Butterburgers & Frozen Custard
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$134,700
Utilities
$15,600
Debt Interest
$15,200

Lender Information

Servicing Lender
Waterford Bank, National Association
Originating Lender
Waterford Bank, National Association

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