PPP Loan information for Frankenmuth hospitality inc.

$142,086

Frankenmuth hospitality inc. was initially approved for PPP Loan of amount $142,086, the current approved amount is $142,086. The loan was approved on 01/23/2021 by The Independent Bank reported 20 jobs and $142,086 was used to fund payroll.

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

PPP Loan Search / MI / Frankenmuth / Frankenmuth hospitality inc.

FRANKENMUTH HOSPITALITY INC.

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FRANKENMUTH HOSPITALITY INC.

Borrower Address

926 S Main St

Borrower City

Frankenmuth

Borrower State

MI

Borrower Zip

48734-1810

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142086.00

Current Approval Amount

142086.00

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

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

142083.00

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

143039.73

Forgiveness Date

10/06/2021

;