PPP Loan information for Park motel

$7,420

Park motel was initially approved for PPP Loan of amount $7,420, the current approved amount is $7,420. The loan was approved on 02/10/2021 by The Wallis Bank reported 2 jobs and $7,420 was used to fund payroll.

Park motel is Existing or more than 2 years old

PPP Loan Search / MI / Lincoln Park / Park motel

PARK MOTEL

Date Approved

02/10/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PARK MOTEL

Borrower Address

1727 Dix Hwy

Borrower City

Lincoln Park

Borrower State

MI

Borrower Zip

48146-1466

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

7420.00

Current Approval Amount

7420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72083

Servicing Lender Name

Wallis Bank

Servicing Lender Address

6510 Railroad St

Servicing Lender City

WALLIS

Servicing Lender State

TX

Servicing Lender Zip

77485-9186

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lincoln Park

Project County Name

WAYNE

Project State

MI

Project Zip

48146-1466

CD

MI-13

Jobs Reported

2

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

7420.00

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

72083

Originating Lender

Wallis Bank

Originating Lender City

WALLIS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

7500.18

Forgiveness Date

03/21/2022

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