PPP Loan information for Runway hospitality management, inc.

$97,525

Runway hospitality management, inc. was initially approved for PPP Loan of amount $97,525, the current approved amount is $97,525. The loan was approved on 04/11/2020 by The Bank of Ann Arbor reported 28 jobs and $97,525 was used to fund payroll.

Runway hospitality management, inc. is Existing or more than 2 years old

RUNWAY HOSPITALITY MANAGEMENT, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RUNWAY HOSPITALITY MANAGEMENT, INC.

Borrower Address

7600 MERRIMAN RD

Borrower City

ROMULUS

Borrower State

MI

Borrower Zip

48174-1911

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97525.00

Current Approval Amount

97525.00

Undisbursed Amount

0.00

Franchise Name

Americas Best Value Inn

Servicing Lender Location Id

119903

Servicing Lender Name

Bank of Ann Arbor

Servicing Lender Address

125 S Fifth Ave

Servicing Lender City

ANN ARBOR

Servicing Lender State

MI

Servicing Lender Zip

48104-1910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROMULUS

Project County Name

WAYNE

Project State

MI

Project Zip

48174-1911

CD

MI-13

Jobs Reported

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

97525.00

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

119903

Originating Lender

Bank of Ann Arbor

Originating Lender City

ANN ARBOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98612.47

Forgiveness Date

06/02/2021

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