Date Approved
02/20/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
HILLS HOSPITALITY INC.
Borrower Address
2129 Orchard Lake Rd
Borrower City
Sylvan Lake
Borrower State
MI
Borrower Zip
48320-1748
Loan Status Date
11/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
149900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Holiday Inn Express (License Agreement)
Servicing Lender Location Id
72740
Servicing Lender Name
First Utah Bank
Servicing Lender Address
3826 S 2300 East
Servicing Lender City
SALT LAKE CITY
Servicing Lender State
UT
Servicing Lender Zip
84109-3423
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
23
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
149899.00
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
150811.72
Forgiveness Date
10/06/2021