PPP Loan information for Michigan restaurant & lodging association

$277,200

Michigan restaurant & lodging association was initially approved for PPP Loan of amount $277,200, the current approved amount is $277,200. The loan was approved on 02/02/2021 by The Capitol National Bank reported 12 jobs and $277,200 was used to fund payroll.

Michigan restaurant & lodging association is Existing or more than 2 years old

MICHIGAN RESTAURANT & LODGING ASSOCIATION

Date Approved

02/02/2021

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MICHIGAN RESTAURANT & LODGING ASSOCIATION

Borrower Address

225 W Washtenaw St

Borrower City

Lansing

Borrower State

MI

Borrower Zip

48933-1506

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

277200.00

Current Approval Amount

277200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35989

Servicing Lender Name

Capitol National Bank

Servicing Lender Address

200 Washington Sq North

Servicing Lender City

LANSING

Servicing Lender State

MI

Servicing Lender Zip

48933-1320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lansing

Project County Name

INGHAM

Project State

MI

Project Zip

48933-1506

CD

MI-07

Jobs Reported

12

NAICS Code

813910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

277198.00

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

501(c)6 – Non Profit Membership

Originating Lender Location Id

35989

Originating Lender

Capitol National Bank

Originating Lender City

LANSING

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

278809.30

Forgiveness Date

09/01/2021

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