PPP Loan information for Cherrywood lodge inc.

$71,400

Cherrywood lodge inc. was initially approved for PPP Loan of amount $71,400, the current approved amount is $71,400. The loan was approved on 04/08/2020 by The Nicolet National Bank reported 27 jobs and $71,400 was used to fund payroll.

Cherrywood lodge inc. is Existing or more than 2 years old

CHERRYWOOD LODGE INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHERRYWOOD LODGE INC.

Borrower Address

E10160 M-28

Borrower City

WETMORE

Borrower State

MI

Borrower Zip

49895

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71400.00

Current Approval Amount

71400.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WETMORE

Project County Name

ALGER

Project State

MI

Project Zip

49895-0001

CD

MI-01

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17850.00

Payroll Proceed

53550.00

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

203327

Originating Lender

Nicolet National Bank

Originating Lender City

GREEN BAY

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71915.67

Forgiveness Date

01/07/2021

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