PPP Loan information for Downtown albion hotel, llc

$98,287

Downtown albion hotel, llc was initially approved for PPP Loan of amount $98,287, the current approved amount is $98,287. The loan was approved on 04/10/2020 by The Peoples State Bank of Munising reported 29 jobs and $98,287 was used to fund payroll.

Downtown albion hotel, llc is Existing or more than 2 years old

DOWNTOWN ALBION HOTEL, LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DOWNTOWN ALBION HOTEL, LLC

Borrower Address

200 S. Superior Street

Borrower City

ALBION

Borrower State

MI

Borrower Zip

49224-1751

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98287.00

Current Approval Amount

98287.00

Undisbursed Amount

0.00

Franchise Name

Courtyard by Marriott

Servicing Lender Location Id

36161

Servicing Lender Name

Peoples State Bank of Munising

Servicing Lender Address

100 E Superior St

Servicing Lender City

MUNISING

Servicing Lender State

MI

Servicing Lender Zip

49862-1155

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBION

Project County Name

CALHOUN

Project State

MI

Project Zip

49224-1751

CD

MI-05

Jobs Reported

29

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

98287.00

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

36161

Originating Lender

Peoples State Bank of Munising

Originating Lender City

MUNISING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99059.83

Forgiveness Date

02/02/2021

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