PPP Loan information for Shoreline inn llc

$391,600

Shoreline inn llc was initially approved for PPP Loan of amount $391,600, the current approved amount is $391,600. The loan was approved on 03/25/2021 by The Macatawa Bank reported 59 jobs and $391,600 was used to fund payroll.

Shoreline inn llc is Existing or more than 2 years old

PPP Loan Search / MI / Muskegon / Shoreline inn llc

SHORELINE INN LLC

Date Approved

03/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SHORELINE INN LLC

Borrower Address

75 W Walton Ave Ste 1

Borrower City

Muskegon

Borrower State

MI

Borrower Zip

49440-1362

Loan Status Date

10/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

391600.00

Current Approval Amount

391600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122493

Servicing Lender Name

Macatawa Bank

Servicing Lender Address

10753 Macatawa Dr

Servicing Lender City

HOLLAND

Servicing Lender State

MI

Servicing Lender Zip

49424-9572

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Muskegon

Project County Name

MUSKEGON

Project State

MI

Project Zip

49440-1362

CD

MI-03

Jobs Reported

59

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

391597.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122493

Originating Lender

Macatawa Bank

Originating Lender City

HOLLAND

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397168.23

Forgiveness Date

09/07/2022

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