Date Approved
01/28/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
CHERRYWOOD LODGE INC.
Borrower Address
E10160 State Highway M28
Borrower City
Wetmore
Borrower State
MI
Borrower Zip
49895-9587
Loan Status Date
11/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
100030.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels
Servicing Lender Location Id
203327
Servicing Lender Name
Nicolet National Bank
Servicing Lender Address
111 N Washington St
Servicing Lender City
GREEN BAY
Servicing Lender State
WI
Servicing Lender Zip
54301-4255
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALGER
Project State
Project Zip
CD
MI-01
Jobs Reported
4
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
100024.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
100694.09
Forgiveness Date
10/04/2021