PPP Loan information for Cambridge hospitality

$243,534

Cambridge hospitality was initially approved for PPP Loan of amount $243,534, the current approved amount is $243,534. The loan was approved on 04/09/2020 by The Sturgis Bank & Trust Company reported 177 jobs and $243,534 was used to fund payroll.

Cambridge hospitality is Existing or more than 2 years old

PPP Loan Search / MI / BENTON HARBOR / Cambridge hospitality

CAMBRIDGE HOSPITALITY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CAMBRIDGE HOSPITALITY

Borrower Address

1300 CINEMA WAY

Borrower City

BENTON HARBOR

Borrower State

MI

Borrower Zip

49022-2319

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

243534.00

Current Approval Amount

243534.00

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

177

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

10000.00

Payroll Proceed

182951.00

Mortgage Interest Proceed

50583.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

235146.34

Forgiveness Date

12/22/2020

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