PPP Loan information for Portage hotels

$140,400

Portage hotels was initially approved for PPP Loan of amount $140,400, the current approved amount is $140,400. The loan was approved on 01/26/2021 by The Teachers CU reported 22 jobs and $140,400 was used to fund payroll.

Portage hotels is Existing or more than 2 years old

PORTAGE HOTELS

Date Approved

01/26/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

PORTAGE HOTELS

Borrower Address

6295 Melton Rd

Borrower City

Portage

Borrower State

IN

Borrower Zip

46368-1261

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

140400.00

Current Approval Amount

140400.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

96759

Servicing Lender Name

Teachers CU

Servicing Lender Address

110 S Main St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1805

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portage

Project County Name

PORTER

Project State

IN

Project Zip

46368-1261

CD

IN-01

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

140394.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

96759

Originating Lender

Teachers CU

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

141153.93

Forgiveness Date

09/07/2021

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