PPP Loan information for Indian river hotel, inc.

$40,000

Indian river hotel, inc. was initially approved for PPP Loan of amount $54,300, the current approved amount is $40,000. The loan was approved on 04/27/2020 by The US Eagle FCU reported 12 jobs and $40,000 was used to fund payroll.

Indian river hotel, inc. is Existing or more than 2 years old

INDIAN RIVER HOTEL, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

INDIAN RIVER HOTEL, INC.

Borrower Address

4375 Brudy Road

Borrower City

Indian River

Borrower State

MI

Borrower Zip

49749

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54300.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

101108

Servicing Lender Name

US Eagle FCU

Servicing Lender Address

3939 Osuna NE

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87109-4431

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Indian River

Project County Name

CHEBOYGAN

Project State

MI

Project Zip

49749-0001

CD

MI-01

Jobs Reported

12

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40000.00

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

101108

Originating Lender

US Eagle FCU

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40336.44

Forgiveness Date

03/10/2021

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