PPP Loan information for Mahi hospitality inc

$42,500

Mahi hospitality inc was initially approved for PPP Loan of amount $42,500, the current approved amount is $42,500. The loan was approved on 04/27/2020 by The Citizens First Bank reported 12 jobs and $42,500 was used to fund payroll.

Mahi hospitality inc is Existing or more than 2 years old

PPP Loan Search / MI / KALAMAZOO / Mahi hospitality inc

MAHI HOSPITALITY INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MAHI HOSPITALITY INC

Borrower Address

3701 EAST CORK ST

Borrower City

KALAMAZOO

Borrower State

MI

Borrower Zip

49001-4611

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

42500.00

Current Approval Amount

42500.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

124516

Servicing Lender Name

Citizens First Bank

Servicing Lender Address

1442 Lincolnway

Servicing Lender City

CLINTON

Servicing Lender State

IA

Servicing Lender Zip

52732-7043

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KALAMAZOO

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49001-4611

CD

MI-04

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5300.00

Payroll Proceed

31875.00

Mortgage Interest Proceed

5325.00

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

124516

Originating Lender

Citizens First Bank

Originating Lender City

CLINTON

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32690.49

Forgiveness Date

12/09/2020

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