Date Approved
04/01/2021
SBA Office Code
0515
Processing Method
PPP
Borrower Name
LAKE SHORE CAFE & MOTEL LTD
Borrower Address
14258 US Highway 41
Borrower City
Baraga
Borrower State
MI
Borrower Zip
49908-9067
Loan Status Date
08/13/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
11704.75
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
35292
Servicing Lender Name
Superior National Bank
Servicing Lender Address
235 Quincy St
Servicing Lender City
HANCOCK
Servicing Lender State
Servicing Lender Zip
49930-1816
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
BARAGA
Project State
Project Zip
CD
MI-01
Jobs Reported
9
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
11702.75
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
11737.46
Forgiveness Date
07/20/2021