PPP Loan information for Delamar hotel & resort llc

$764,172

Delamar hotel & resort llc was initially approved for PPP Loan of amount $764,172, the current approved amount is $764,172. The loan was approved on 01/21/2021 by The Signature Bank reported 40 jobs and $764,172 was used to fund payroll.

Delamar hotel & resort llc is Existing or more than 2 years old

DELAMAR HOTEL & RESORT LLC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DELAMAR HOTEL & RESORT LLC

Borrower Address

615 E Front St

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49686-2617

Loan Status Date

04/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

764172.00

Current Approval Amount

764172.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442348

Servicing Lender Name

Signature Bank

Servicing Lender Address

9450 W Bryn Mawr Ave, Ste 300

Servicing Lender City

ROSEMONT

Servicing Lender State

IL

Servicing Lender Zip

60018-5248

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-2617

CD

MI-01

Jobs Reported

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

764170.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

442348

Originating Lender

Signature Bank

Originating Lender City

ROSEMONT

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

772556.66

Forgiveness Date

03/01/2022

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