ADAM MERKEL RESTAURANTS LLC (MI) - 2020 PPP Loan Borrower Profile (# 5841567202)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADAM MERKEL RESTAURANTS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

5841567202

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$95,800

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$96,828.87

Date Loan was Forgiven

Jun 2, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,000

Payroll Proced

77,100

Rent Proceed

16,700

Lender

Bank of Ann Arbor

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

Howell, MI

Project Location

Howell, MI

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.