Date Approved
04/23/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
ABVSSM A MICHIGAN LIMITED PARTNERSHIP
Borrower Address
3826 I 75 Business Spur
Borrower City
Sault Sainte Marie
Borrower State
MI
Borrower Zip
49783-3614
Loan Status Date
05/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
53445.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Red Lion Hotels
Servicing Lender Location Id
35298
Servicing Lender Name
First Community Bank
Servicing Lender Address
200 E Main St
Servicing Lender City
HARBOR SPRINGS
Servicing Lender State
Servicing Lender Zip
49740-1512
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MI-01
Jobs Reported
33
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
53439.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
54013.60
Forgiveness Date
05/19/2022