PPP Loan information for Ann arbor inn & suites, inc

$176,595

Ann arbor inn & suites, inc was initially approved for PPP Loan of amount $176,595, the current approved amount is $176,595. The loan was approved on 04/09/2020 by The Horizon Bank reported 28 jobs and $176,595 was used to fund payroll.

Ann arbor inn & suites, inc is Existing or more than 2 years old

PPP Loan Search / MI / ANN ARBOR / Ann arbor inn & suites, inc

ANN ARBOR INN & SUITES, INC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ANN ARBOR INN & SUITES, INC

Borrower Address

2910 Jackson Ave

Borrower City

ANN ARBOR

Borrower State

MI

Borrower Zip

48103-2012

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176595.00

Current Approval Amount

176595.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANN ARBOR

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-2012

CD

MI-06

Jobs Reported

28

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11772.00

Payroll Proceed

141276.00

Mortgage Interest Proceed

11722.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

11825

Business Type

Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

167699.55

Forgiveness Date

12/15/2020

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