PPP Loan information for Shelby hospitality management inc

$168,500

Shelby hospitality management inc was initially approved for PPP Loan of amount $168,500, the current approved amount is $168,500. The loan was approved on 01/29/2021 by The Comerica Bank reported 18 jobs and $168,500 was used to fund payroll.

Shelby hospitality management inc is Existing or more than 2 years old

PPP Loan Search / MI / Bloomfield Hills / Shelby hospitality management inc

SHELBY HOSPITALITY MANAGEMENT INC

Date Approved

01/29/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SHELBY HOSPITALITY MANAGEMENT INC

Borrower Address

1573 S Telegraph Rd

Borrower City

Bloomfield Hills

Borrower State

MI

Borrower Zip

48302-0048

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

168500.00

Current Approval Amount

168500.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-0048

CD

MI-11

Jobs Reported

18

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

168499.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

170011.82

Forgiveness Date

12/23/2021

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