PPP Loan information for Cambridge hopsitality

$340,949

Cambridge hopsitality was initially approved for PPP Loan of amount $340,949, the current approved amount is $340,949. The loan was approved on 01/19/2021 by The Sturgis Bank & Trust Company reported 24 jobs and $340,949 was used to fund payroll.

Cambridge hopsitality is Existing or more than 2 years old

CAMBRIDGE HOPSITALITY

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CAMBRIDGE HOPSITALITY

Borrower Address

1300 Cinema Way

Borrower City

Benton Harbor

Borrower State

MI

Borrower Zip

49022-2319

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

340949.00

Current Approval Amount

340949.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Benton Harbor

Project County Name

BERRIEN

Project State

MI

Project Zip

49022-2319

CD

MI-06

Jobs Reported

24

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

340947.00

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

Corporation

Originating Lender Location Id

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

342770.51

Forgiveness Date

08/11/2021

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