PPP Loan information for Runway hospitality management inc.

$136,535

Runway hospitality management inc. was initially approved for PPP Loan of amount $136,535, the current approved amount is $136,535. The loan was approved on 02/07/2021 by The Bank of Ann Arbor reported 20 jobs and $136,535 was used to fund payroll.

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

RUNWAY HOSPITALITY MANAGEMENT INC.

Date Approved

02/07/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RUNWAY HOSPITALITY MANAGEMENT INC.

Borrower Address

7600 Merriman Rd

Borrower City

Romulus

Borrower State

MI

Borrower Zip

48174-1911

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

136535.00

Current Approval Amount

136535.00

Undisbursed Amount

0.00

Franchise Name

AMERICA'S BEST INNS & SUITES

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

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

136530.00

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

137500.10

Forgiveness Date

10/26/2021

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