PPP Loan information for Lakefront hotel inc

$46,429

Lakefront hotel inc was initially approved for PPP Loan of amount $46,429, the current approved amount is $46,429. The loan was approved on 04/15/2020 by The Northland Area FCU reported 14 jobs and $46,429 was used to fund payroll.

Lakefront hotel inc is Existing or more than 2 years old

PPP Loan Search / MI / Houghton Lake / Lakefront hotel inc

LAKEFRONT HOTEL INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAKEFRONT HOTEL INC

Borrower Address

4990 W. Houghton Lake Drive

Borrower City

Houghton Lake

Borrower State

MI

Borrower Zip

48629

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

46429.00

Current Approval Amount

46429.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99552

Servicing Lender Name

Northland Area FCU

Servicing Lender Address

1161 N Bagley St.

Servicing Lender City

ALPENA

Servicing Lender State

MI

Servicing Lender Zip

49707

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Houghton Lake

Project County Name

ROSCOMMON

Project State

MI

Project Zip

48629-0001

CD

MI-01

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

34821.75

Mortgage Interest Proceed

11607.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

99552

Originating Lender

Northland Area FCU

Originating Lender City

ALPENA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46702.49

Forgiveness Date

11/24/2020

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