Date Approved
04/14/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SHAM HOSPITALITY INC
Borrower Address
396 RENO DR
Borrower City
WAYLAND
Borrower State
MI
Borrower Zip
49348-1277
Loan Status Date
04/07/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
24165.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Best Western - Membership Agreement
Servicing Lender Location Id
36555
Servicing Lender Name
United Bank of Michigan
Servicing Lender Address
900 E Paris Ave SE
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49546-3676
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ALLEGAN
Project State
Project Zip
CD
MI-03
Jobs Reported
11
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
18125.00
Mortgage Interest Proceed
6040.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
24373.09
Forgiveness Date
03/01/2021