PPP Loan information for Ferndale lodging, llc

$56,400

Ferndale lodging, llc was initially approved for PPP Loan of amount $56,400, the current approved amount is $56,400. The loan was approved on 04/13/2020 by The Community Choice CU reported 20 jobs and $56,400 was used to fund payroll.

Ferndale lodging, llc is Existing or more than 2 years old

FERNDALE LODGING, LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FERNDALE LODGING, LLC

Borrower Address

11000 E 8 MILE RD

Borrower City

FERNDALE

Borrower State

MI

Borrower Zip

48220-2960

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56400.00

Current Approval Amount

56400.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

99304

Servicing Lender Name

Community Choice CU

Servicing Lender Address

31155 Northwestern Hwy, Ste 188

Servicing Lender City

FARMINGTON HILLS

Servicing Lender State

MI

Servicing Lender Zip

48334-2503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FERNDALE

Project County Name

OAKLAND

Project State

MI

Project Zip

48220-2960

CD

MI-11

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56400.00

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

Limited Liability Partnership

Originating Lender Location Id

99304

Originating Lender

Community Choice CU

Originating Lender City

FARMINGTON HILLS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

56982.80

Forgiveness Date

04/29/2021

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