Date Approved
04/15/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LAKE CADILLAC HOSPITALITY, INC.
Borrower Address
6001 East M-115
Borrower City
Cadillac
Borrower State
MI
Borrower Zip
49601-8716
Loan Status Date
03/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
52300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
35312
Servicing Lender Name
The Shelby State Bank
Servicing Lender Address
242 N Michigan Ave
Servicing Lender City
SHELBY
Servicing Lender State
Servicing Lender Zip
49455-1078
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
New Business or 2 years or less
Project City
Project County Name
WEXFORD
Project State
Project Zip
CD
MI-04
Jobs Reported
17
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
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 Profit
Forgiveness Amount
42575.82
Forgiveness Date
12/16/2020