PPP Loan information for Chelsea hospitality, inc

$60,258

Chelsea hospitality, inc was initially approved for PPP Loan of amount $60,258, the current approved amount is $60,258. The loan was approved on 04/28/2020 by The Chelsea State Bank reported 21 jobs and $60,258 was used to fund payroll.

Chelsea hospitality, inc is Existing or more than 2 years old

PPP Loan Search / MI / CHELSEA / Chelsea hospitality, inc

CHELSEA HOSPITALITY, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHELSEA HOSPITALITY, INC

Borrower Address

1540 COMMERCE PARK DR

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1450

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60257.50

Current Approval Amount

60257.50

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1450

CD

MI-06

Jobs Reported

21

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60257.50

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

60846.87

Forgiveness Date

04/29/2021

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