PPP Loan information for Grandville inn & suites inc

$150,850

Grandville inn & suites inc was initially approved for PPP Loan of amount $150,850, the current approved amount is $150,850. The loan was approved on 04/06/2021 by The United Bank of Michigan reported 20 jobs and $150,850 was used to fund payroll.

Grandville inn & suites inc is Existing or more than 2 years old

PPP Loan Search / MI / Grandville / Grandville inn & suites inc

GRANDVILLE INN & SUITES INC

Date Approved

04/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

GRANDVILLE INN & SUITES INC

Borrower Address

4755 Wilson Ave SW

Borrower City

Grandville

Borrower State

MI

Borrower Zip

49418-9002

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150850.00

Current Approval Amount

150850.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn & Suites

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grandville

Project County Name

KENT

Project State

MI

Project Zip

49418-9002

CD

MI-02

Jobs Reported

20

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

150845.00

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

Subchapter S Corporation

Originating Lender Location Id

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

152647.63

Forgiveness Date

06/16/2022

;