PPP Loan information for Elite hospitality inc.

$92,032

Elite hospitality inc. was initially approved for PPP Loan of amount $92,032, the current approved amount is $92,032. The loan was approved on 04/07/2020 by The Sturgis Bank & Trust Company reported 93 jobs and $92,032 was used to fund payroll.

Elite hospitality inc. is New Business or 2 years or less

PPP Loan Search / MI / STEVENSVILLE / Elite hospitality inc.

ELITE HOSPITALITY INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELITE HOSPITALITY INC.

Borrower Address

4408 RED ARROW HWY

Borrower City

STEVENSVILLE

Borrower State

MI

Borrower Zip

49127-8305

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92032.00

Current Approval Amount

92032.00

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

Servicing Lender Location Id

79717

Servicing Lender Name

Sturgis Bank & Trust Company

Servicing Lender Address

113-125 E Chicago Rd

Servicing Lender City

STURGIS

Servicing Lender State

MI

Servicing Lender Zip

49091-1754

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STEVENSVILLE

Project County Name

BERRIEN

Project State

MI

Project Zip

49127-8305

CD

MI-06

Jobs Reported

93

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2822.00

Payroll Proceed

69024.00

Mortgage Interest Proceed

20186.00

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

79717

Originating Lender

Sturgis Bank & Trust Company

Originating Lender City

STURGIS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82598.36

Forgiveness Date

12/22/2020

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