PPP Loan information for Rachee lodging inc.

$182,000

Rachee lodging inc. was initially approved for PPP Loan of amount $182,000, the current approved amount is $182,000. The loan was approved on 03/31/2021 by The Fifth Third Bank reported 35 jobs and $182,000 was used to fund payroll.

Rachee lodging inc. is Existing or more than 2 years old

PPP Loan Search / MI / Alpena / Rachee lodging inc.

RACHEE LODGING INC.

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RACHEE LODGING INC.

Borrower Address

1000 US Highway 23 N

Borrower City

Alpena

Borrower State

MI

Borrower Zip

49707-1250

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

182000.00

Current Approval Amount

182000.00

Undisbursed Amount

0.00

Franchise Name

Ramada by Wyndham

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alpena

Project County Name

ALPENA

Project State

MI

Project Zip

49707-1250

CD

MI-01

Jobs Reported

35

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

181994.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

184416.56

Forgiveness Date

08/04/2022

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