PPP Loan information for Lapeer lodge inc.

$107,912

Lapeer lodge inc. was initially approved for PPP Loan of amount $107,912, the current approved amount is $107,912. The loan was approved on 01/29/2021 by The The Farmers & Merchants State Bank reported 11 jobs and $107,912 was used to fund payroll.

Lapeer lodge inc. is Existing or more than 2 years old

PPP Loan Search / MI / Lapeer / Lapeer lodge inc.

LAPEER LODGE INC.

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

LAPEER LODGE INC.

Borrower Address

927 Demille Rd

Borrower City

Lapeer

Borrower State

MI

Borrower Zip

48446-3035

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

107912.00

Current Approval Amount

107912.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lapeer

Project County Name

LAPEER

Project State

MI

Project Zip

48446-3035

CD

MI-10

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

107910.00

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

Corporation

Originating Lender Location Id

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

108453.04

Forgiveness Date

08/09/2021

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