PPP Loan information for Canton value hospitality inc

$225,851

Canton value hospitality inc was initially approved for PPP Loan of amount $225,851, the current approved amount is $225,851. The loan was approved on 03/31/2021 by The Loan Source Incorporated reported 40 jobs and $225,851 was used to fund payroll.

Canton value hospitality inc is Existing or more than 2 years old

PPP Loan Search / MI / Canton / Canton value hospitality inc

CANTON VALUE HOSPITALITY INC

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

CANTON VALUE HOSPITALITY INC

Borrower Address

5780 N Haggerty Rd

Borrower City

Canton

Borrower State

MI

Borrower Zip

48187-3672

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225851.00

Current Approval Amount

225851.00

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canton

Project County Name

WAYNE

Project State

MI

Project Zip

48187-3672

CD

MI-06

Jobs Reported

40

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

225846.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227707.31

Forgiveness Date

02/02/2022

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