PPP Loan information for Cascade economy hotel, inc

$80,567

Cascade economy hotel, inc was initially approved for PPP Loan of amount $80,567, the current approved amount is $80,567. The loan was approved on 04/07/2020 by The First National Bank of Michigan reported 14 jobs and $80,567 was used to fund payroll.

Cascade economy hotel, inc is Existing or more than 2 years old

PPP Loan Search / MI / AUBURN HILLS / Cascade economy hotel, inc

CASCADE ECONOMY HOTEL, INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CASCADE ECONOMY HOTEL, INC

Borrower Address

2600 AUBURN RD Suite 204

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-3113

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80567.00

Current Approval Amount

80567.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-3113

CD

MI-11

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

80567.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

81315.28

Forgiveness Date

03/16/2021

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