PPP Loan information for Saline inn inc

$70,160

Saline inn inc was initially approved for PPP Loan of amount $70,160, the current approved amount is $70,160. The loan was approved on 01/30/2021 by The Commercial Bank reported 16 jobs and $70,160 was used to fund payroll.

Saline inn inc is Existing or more than 2 years old

SALINE INN INC

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SALINE INN INC

Borrower Address

434 E Michigan Ave

Borrower City

Saline

Borrower State

MI

Borrower Zip

48176-1501

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70160.37

Current Approval Amount

70160.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saline

Project County Name

WASHTENAW

Project State

MI

Project Zip

48176-1501

CD

MI-06

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

70158.37

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

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

70750.49

Forgiveness Date

12/14/2021

;