PPP Loan information for Dearborn hospitality hotels ii llc

$133,375

Dearborn hospitality hotels ii llc was initially approved for PPP Loan of amount $133,375, the current approved amount is $133,375. The loan was approved on 03/04/2021 by The The Farmers & Merchants State Bank reported 15 jobs and $133,375 was used to fund payroll.

Dearborn hospitality hotels ii llc is Existing or more than 2 years old

DEARBORN HOSPITALITY HOTELS II LLC

Date Approved

03/04/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DEARBORN HOSPITALITY HOTELS II LLC

Borrower Address

24555 Michigan Ave

Borrower City

Dearborn

Borrower State

MI

Borrower Zip

48124-1731

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

133374.50

Current Approval Amount

133374.50

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Dearborn

Project County Name

WAYNE

Project State

MI

Project Zip

48124-1731

CD

MI-12

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

133372.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

134342.84

Forgiveness Date

12/01/2021

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