PPP Loan information for Elite hospitality inc.

$128,845

Elite hospitality inc. was initially approved for PPP Loan of amount $128,845, the current approved amount is $128,845. The loan was approved on 02/12/2021 by The Sturgis Bank & Trust Company reported 250 jobs and $128,845 was used to fund payroll.

Elite hospitality inc. is Existing or more than 2 years old

ELITE HOSPITALITY INC.

Date Approved

02/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ELITE HOSPITALITY INC.

Borrower Address

4408 Red Arrow Hwy

Borrower City

Stevensville

Borrower State

MI

Borrower Zip

49127-8305

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128845.00

Current Approval Amount

128845.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

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

Existing or more than 2 years old

Project City

Stevensville

Project County Name

BERRIEN

Project State

MI

Project Zip

49127-8305

CD

MI-06

Jobs Reported

250

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

128843.00

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

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

129455.69

Forgiveness Date

08/11/2021

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