Date Approved
04/14/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SCA TCLODGE CORP
Borrower Address
704 Munson Ave
Borrower City
Traverse City
Borrower State
MI
Borrower Zip
49686-3525
Loan Status Date
03/04/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
72500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
35312
Servicing Lender Name
The Shelby State Bank
Servicing Lender Address
242 N Michigan Ave
Servicing Lender City
SHELBY
Servicing Lender State
Servicing Lender Zip
49455-1078
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GRAND TRAVERSE
Project State
Project Zip
CD
MI-01
Jobs Reported
15
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
73081.99
Forgiveness Date
02/11/2021