Date Approved
01/17/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
CADILLAC LODGING INC.
Borrower Address
7642 US Highway 131 S
Borrower City
Cadillac
Borrower State
MI
Borrower Zip
49601-8618
Loan Status Date
04/09/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
183673.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Holiday Inn Express (License Agreement)
Servicing Lender Location Id
35331
Servicing Lender Name
Honor Bank
Servicing Lender Address
2254 Henry St
Servicing Lender City
HONOR
Servicing Lender State
Servicing Lender Zip
49640-9407
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
WEXFORD
Project State
Project Zip
CD
MI-04
Jobs Reported
23
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
183671.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
185820.95
Forgiveness Date
03/21/2022