PPP Loan information for Beechwood inn inc.

$385,000

Beechwood inn inc. was initially approved for PPP Loan of amount $385,000, the current approved amount is $385,000. The loan was approved on 01/29/2021 by The Macatawa Bank reported 73 jobs and $385,000 was used to fund payroll.

Beechwood inn inc. is Existing or more than 2 years old

PPP Loan Search / MI / Holland / Beechwood inn inc.

BEECHWOOD INN INC.

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BEECHWOOD INN INC.

Borrower Address

380 Douglas Ave

Borrower City

Holland

Borrower State

MI

Borrower Zip

49424-6508

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

385000.00

Current Approval Amount

385000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holland

Project County Name

OTTAWA

Project State

MI

Project Zip

49424-6508

CD

MI-02

Jobs Reported

73

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

384998.00

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

Subchapter S Corporation

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

387447.12

Forgiveness Date

09/29/2021

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