PPP Loan information for Patel hotel group inc

$58,066

Patel hotel group inc was initially approved for PPP Loan of amount $58,066, the current approved amount is $58,066. The loan was approved on 02/05/2021 by The Michigan Schools & Government CU reported 7 jobs and $58,066 was used to fund payroll.

Patel hotel group inc is Existing or more than 2 years old

PPP Loan Search / MI / Roseville / Patel hotel group inc

PATEL HOTEL GROUP INC

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PATEL HOTEL GROUP INC

Borrower Address

20445 Erin St

Borrower City

Roseville

Borrower State

MI

Borrower Zip

48066-4535

Loan Status Date

06/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

58066.47

Current Approval Amount

58066.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99125

Servicing Lender Name

Michigan Schools & Government CU

Servicing Lender Address

40400 Garfield Rd

Servicing Lender City

CLINTON TOWNSHIP

Servicing Lender State

MI

Servicing Lender Zip

48038-4004

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Roseville

Project County Name

MACOMB

Project State

MI

Project Zip

48066-4535

CD

MI-10

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

58060.47

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

99125

Originating Lender

Michigan Schools & Government CU

Originating Lender City

CLINTON TOWNSHIP

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

58826.17

Forgiveness Date

05/31/2022

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