PPP Loan information for Monroe inns, inc.

$51,958

Monroe inns, inc. was initially approved for PPP Loan of amount $51,958, the current approved amount is $51,958. The loan was approved on 04/09/2020 by The Oxford Bank reported 15 jobs and $51,958 was used to fund payroll.

Monroe inns, inc. is Existing or more than 2 years old

MONROE INNS, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MONROE INNS, INC.

Borrower Address

7454 CONVENTION BLVD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48092-3865

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51958.00

Current Approval Amount

51958.00

Undisbursed Amount

0.00

Franchise Name

Days Inn by Wyndham

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48092-3865

CD

MI-10

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51958.00

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

52333.25

Forgiveness Date

01/07/2021

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