PPP Loan information for Shores inn inc.

$330,100

Shores inn inc. was initially approved for PPP Loan of amount $330,100, the current approved amount is $330,100. The loan was approved on 02/17/2021 by The First State Bank reported 57 jobs and $330,100 was used to fund payroll.

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

PPP Loan Search / MI / Saint Clair Shores / Shores inn inc.

SHORES INN INC.

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SHORES INN INC.

Borrower Address

23410 Greater Mack Ave

Borrower City

Saint Clair Shores

Borrower State

MI

Borrower Zip

48080-3424

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

330100.00

Current Approval Amount

330100.00

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

Saint 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

330100.00

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

333419.09

Forgiveness Date

02/23/2022

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