PPP Loan information for Budget luxury inn of traverse city limited partnership

$229,610

Budget luxury inn of traverse city limited partnership was initially approved for PPP Loan of amount $173,100, the current approved amount is $229,610. The loan was approved on 04/28/2020 by The The Huntington National Bank reported 29 jobs and $229,610 was used to fund payroll.

Budget luxury inn of traverse city limited partnership is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Budget luxury inn of traverse city limited partnership

BUDGET LUXURY INN OF TRAVERSE CITY LIMITED PARTNERSHIP

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BUDGET LUXURY INN OF TRAVERSE CITY LIMITED PARTNERSHIP

Borrower Address

1825 E Eighth Street

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686

Loan Status Date

02/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173100.00

Current Approval Amount

229609.66

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-0600

CD

MI-01

Jobs Reported

29

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

229609.66

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

Partnership

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

231350.87

Forgiveness Date

02/04/2021

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