New Beginnings Restaurants INC

$985,488 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
8723188608
Date Approved
Mar 25, 2021
Loan Status
Exemption 4
Initial Approval
$985,488
Current Approval
$985,488
Forgiveness Amount
$713,410
Forgiveness Date
Jun 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
New Beginnings Restaurants INC
Address
1455 Michigan St NE
ZIP Code
49503-2005
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
198
Estimated Revenue
$35.2M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$985,483
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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