Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
EDGEWOOD MOTEL INC.
Borrower Address
18830 HARBOR COUNTRY DR
Borrower City
NEW BUFFALO
Borrower State
MI
Borrower Zip
49117-8200
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
26622.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels
Servicing Lender Location Id
96759
Servicing Lender Name
Teachers CU
Servicing Lender Address
110 S Main St
Servicing Lender City
SOUTH BEND
Servicing Lender State
IN
Servicing Lender Zip
46601-1805
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BERRIEN
Project State
Project Zip
CD
MI-06
Jobs Reported
8
NAICS Code
721110
Race
Asian
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
Corporation
Originating Lender Location Id
88768
Originating Lender
New Buffalo Savings Bank
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
26812.37
Forgiveness Date
01/07/2021