Date Approved
04/14/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
DRIFTWOOD HOSPITALITY
Borrower Address
590 North State Street
Borrower City
St. Ignace
Borrower State
MI
Borrower Zip
49781
Loan Status Date
06/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
209500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
121536
Servicing Lender Name
Customers Bank
Servicing Lender Address
40 General Warren Blvd
Servicing Lender City
Malvern
Servicing Lender State
PA
Servicing Lender Zip
19355
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
MACKINAC
Project State
Project Zip
49781-0001
CD
MI-01
Jobs Reported
97
NAICS Code
453998
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Sole Proprietorship
Originating Lender Location Id
499141
Originating Lender
Readycap Lending, LLC
Originating Lender City
BERKELEY HEIGHTS
Originating Lender State
NJ
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
211623.70
Forgiveness Date
05/13/2021