PPP Loan information for Novi inn & suites inc.

$92,400

Novi inn & suites inc. was initially approved for PPP Loan of amount $92,400, the current approved amount is $92,400. The loan was approved on 01/21/2021 by The Waterford Bank, National Association reported 12 jobs and $92,400 was used to fund payroll.

Novi inn & suites inc. is Existing or more than 2 years old

PPP Loan Search / MI / Novi / Novi inn & suites inc.

NOVI INN & SUITES INC.

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

NOVI INN & SUITES INC.

Borrower Address

21625 Haggerty Rd

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-5310

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92400.00

Current Approval Amount

92400.00

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-5310

CD

MI-06

Jobs Reported

12

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

92399.00

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

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92995.47

Forgiveness Date

09/15/2021

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