PPP Loan information for Great lakes hotel supply company

$781,800

Great lakes hotel supply company was initially approved for PPP Loan of amount $781,800, the current approved amount is $781,800. The loan was approved on 04/11/2020 by The First Merchants Bank reported 53 jobs and $781,800 was used to fund payroll.

Great lakes hotel supply company is Existing or more than 2 years old

GREAT LAKES HOTEL SUPPLY COMPANY

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

GREAT LAKES HOTEL SUPPLY COMPANY

Borrower Address

24101 W Nine Mile Road

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48033-3972

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

781800.00

Current Approval Amount

781800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48033-3972

CD

MI-12

Jobs Reported

53

NAICS Code

423850

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

781800.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

791952.69

Forgiveness Date

08/09/2021

;