PPP Loan information for Exit motel inc

$145,412

Exit motel inc was initially approved for PPP Loan of amount $140,500, the current approved amount is $145,412. The loan was approved on 04/04/2020 by The The State Bank reported 11 jobs and $145,412 was used to fund payroll.

Exit motel inc is Existing or more than 2 years old

EXIT MOTEL INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

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

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

140500.00

Current Approval Amount

145412.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34774

Servicing Lender Name

The State Bank

Servicing Lender Address

101 N Leroy St

Servicing Lender City

FENTON

Servicing Lender State

MI

Servicing Lender Zip

48430-3804

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

0.00

Payroll Proceed

145412.00

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

34774

Originating Lender

The State Bank

Originating Lender City

FENTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

146730.67

Forgiveness Date

03/11/2021

;