PPP Loan information for Cedar motor inn, inc.

$81,800

Cedar motor inn, inc. was initially approved for PPP Loan of amount $81,800, the current approved amount is $81,800. The loan was approved on 04/13/2020 by The Range Bank reported 18 jobs and $81,800 was used to fund payroll.

Cedar motor inn, inc. is Existing or more than 2 years old

CEDAR MOTOR INN, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CEDAR MOTOR INN, INC.

Borrower Address

2523 US HIGHWAY 41 W

Borrower City

MARQUETTE

Borrower State

MI

Borrower Zip

49855-2258

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81800.00

Current Approval Amount

81800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36168

Servicing Lender Name

Range Bank

Servicing Lender Address

100 N Front St

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4303

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARQUETTE

Project County Name

MARQUETTE

Project State

MI

Project Zip

49855-2258

CD

MI-01

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16312.00

Payroll Proceed

65488.00

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

36168

Originating Lender

Range Bank

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

72246.54

Forgiveness Date

12/04/2020

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