PPP Loan information for Exit motel inc.

$183,400

Exit motel inc. was initially approved for PPP Loan of amount $183,400, the current approved amount is $183,400. The loan was approved on 03/16/2021 by The Eastern Michigan Bank reported 11 jobs and $183,400 was used to fund payroll.

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

PPP Loan Search / MI / Birch Run / Exit motel inc.

EXIT MOTEL INC.

Date Approved

03/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

EXIT MOTEL INC.

Borrower Address

9087 Birch Run Rd

Borrower City

Birch Run

Borrower State

MI

Borrower Zip

48415-9747

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183400.00

Current Approval Amount

183400.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

33734

Servicing Lender Name

Eastern Michigan Bank

Servicing Lender Address

65 N Howard Ave

Servicing Lender City

CROSWELL

Servicing Lender State

MI

Servicing Lender Zip

48422-1222

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birch Run

Project County Name

SAGINAW

Project State

MI

Project Zip

48415-9747

CD

MI-08

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

183397.00

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

33734

Originating Lender

Eastern Michigan Bank

Originating Lender City

CROSWELL

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

184379.81

Forgiveness Date

10/06/2021

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