PPP Loan information for Bay hotel group llc

$48,251

Bay hotel group llc was initially approved for PPP Loan of amount $48,251, the current approved amount is $48,251. The loan was approved on 01/16/2021 by The Southern Michigan Bank & Trust reported 5 jobs and $48,251 was used to fund payroll.

Bay hotel group llc is Existing or more than 2 years old

BAY HOTEL GROUP LLC

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAY HOTEL GROUP LLC

Borrower Address

1550 E Kilgore Rd

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49001-5538

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

48251.00

Current Approval Amount

48251.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

33720

Servicing Lender Name

Southern Michigan Bank & Trust

Servicing Lender Address

51 W Pearl St

Servicing Lender City

COLDWATER

Servicing Lender State

MI

Servicing Lender Zip

49036-1933

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-5538

CD

MI-04

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48247.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33720

Originating Lender

Southern Michigan Bank & Trust

Originating Lender City

COLDWATER

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

48551.08

Forgiveness Date

09/28/2021

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