PPP Loan information for Edgewood motel inc.

$54,361

Edgewood motel inc. was initially approved for PPP Loan of amount $54,361, the current approved amount is $54,361. The loan was approved on 02/07/2021 by The Loan Source Incorporated reported 9 jobs and $54,361 was used to fund payroll.

Edgewood motel inc. is Existing or more than 2 years old

PPP Loan Search / MI / NEW BUFFALO / Edgewood motel inc.

EDGEWOOD MOTEL INC.

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EDGEWOOD MOTEL INC.

Borrower Address

18830 HARBOR COUNTRY ROAD OR LAPORTE ROAD

Borrower City

NEW BUFFALO

Borrower State

MI

Borrower Zip

49117

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54361.00

Current Approval Amount

54361.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW BUFFALO

Project County Name

BERRIEN

Project State

MI

Project Zip

49117

CD

MI-06

Jobs Reported

9

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54356.00

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

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54725.89

Forgiveness Date

10/20/2021

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