Date Approved
01/20/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
HERMANN HOSPITALITY CORP.
Borrower Address
195 W Liberty St
Borrower City
Plymouth
Borrower State
MI
Borrower Zip
48170-1314
Loan Status Date
12/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
413711.20
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAYNE
Project State
Project Zip
CD
MI-06
Jobs Reported
47
NAICS Code
722511
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
413706.20
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
417258.92
Forgiveness Date
12/01/2021