Date Approved
02/05/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
PELLSTON HOTEL INC.
Borrower Address
1600 N US Highway 31
Borrower City
Pellston
Borrower State
MI
Borrower Zip
49769-9015
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
47089.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
EMMET
Project State
Project Zip
CD
MI-01
Jobs Reported
10
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
47087.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
29599
Originating Lender
Northeast Bank
Originating Lender City
LEWISTON
Originating Lender State
ME
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
47411.53
Forgiveness Date
10/20/2021