PPP Loan information for Shores inn, inc.

$238,500

Shores inn, inc. was initially approved for PPP Loan of amount $238,500, the current approved amount is $238,500. The loan was approved on 04/27/2020 by The First State Bank reported 57 jobs and $238,500 was used to fund payroll.

Shores inn, inc. is Existing or more than 2 years old

PPP Loan Search / MI / St. Clair Shores / Shores inn, inc.

SHORES INN, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SHORES INN, INC.

Borrower Address

23410 Greater Mack

Borrower City

St. Clair Shores

Borrower State

MI

Borrower Zip

48080-3424

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

238500.00

Current Approval Amount

238500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34492

Servicing Lender Name

First State Bank

Servicing Lender Address

16100 E Nine Mile Rd

Servicing Lender City

EASTPOINTE

Servicing Lender State

MI

Servicing Lender Zip

48021-2321

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Clair Shores

Project County Name

MACOMB

Project State

MI

Project Zip

48080-3424

CD

MI-10

Jobs Reported

57

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

238500.00

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

Subchapter S Corporation

Originating Lender Location Id

34492

Originating Lender

First State Bank

Originating Lender City

EASTPOINTE

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

240342.66

Forgiveness Date

02/11/2021

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