PPP Loan information for Saginaw hospitality, llc

$118,564

Saginaw hospitality, llc was initially approved for PPP Loan of amount $118,564, the current approved amount is $118,564. The loan was approved on 04/08/2020 by The Mercantile Bank reported 27 jobs and $118,564 was used to fund payroll.

Saginaw hospitality, llc is Existing or more than 2 years old

SAGINAW HOSPITALITY, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SAGINAW HOSPITALITY, LLC

Borrower Address

2695 TITTABAWASSEE RD

Borrower City

SAGINAW

Borrower State

MI

Borrower Zip

48604-9432

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

118564.00

Current Approval Amount

118564.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAGINAW

Project County Name

SAGINAW

Project State

MI

Project Zip

48604-9432

CD

MI-08

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

26094.80

Payroll Proceed

91920.20

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

549.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

119437.80

Forgiveness Date

01/11/2021

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