PPP Loan information for Frankenmuth bavarian inn motor lodge inc.

$2,000,000

Frankenmuth bavarian inn motor lodge inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/17/2021 by The Frankenmuth CU reported 268 jobs and $2,000,000 was used to fund payroll.

Frankenmuth bavarian inn motor lodge inc. is Existing or more than 2 years old

PPP Loan Search / MI / Frankenmuth / Frankenmuth bavarian inn motor lodge inc.

FRANKENMUTH BAVARIAN INN MOTOR LODGE INC.

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FRANKENMUTH BAVARIAN INN MOTOR LODGE INC.

Borrower Address

1 Covered Bridge Ln

Borrower City

Frankenmuth

Borrower State

MI

Borrower Zip

48734-1900

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98960

Servicing Lender Name

Frankenmuth CU

Servicing Lender Address

580 N Main St

Servicing Lender City

FRANKENMUTH

Servicing Lender State

MI

Servicing Lender Zip

48734-1118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frankenmuth

Project County Name

SAGINAW

Project State

MI

Project Zip

48734-1900

CD

MI-04

Jobs Reported

268

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

98960

Originating Lender

Frankenmuth CU

Originating Lender City

FRANKENMUTH

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2010739.73

Forgiveness Date

09/07/2021

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