PPP Loan information for Frankenmuth hospitality, inc

$101,491

Frankenmuth hospitality, inc was initially approved for PPP Loan of amount $101,491, the current approved amount is $101,491. The loan was approved on 04/27/2020 by The Independent Bank reported 19 jobs and $101,491 was used to fund payroll.

Frankenmuth hospitality, inc is Existing or more than 2 years old

FRANKENMUTH HOSPITALITY, INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRANKENMUTH HOSPITALITY, INC

Borrower Address

926 S Main Street

Borrower City

FRANKENMUTH

Borrower State

MI

Borrower Zip

48734-1810

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101491.00

Current Approval Amount

101491.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

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

48734-1810

CD

MI-04

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

101491.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

102492.01

Forgiveness Date

04/26/2021

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