Date Approved
04/07/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SOO HOTELS, INC.
Borrower Address
4404 I-75 BUSINESS SPUR
Borrower City
SAULT SAINTE MARIE
Borrower State
MI
Borrower Zip
49783-3600
Loan Status Date
05/14/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
71483.97
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels
Servicing Lender Location Id
36459
Servicing Lender Name
Central Savings Bank
Servicing Lender Address
511 Bingham Ave
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
49783-2101
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CHIPPEWA
Project State
Project Zip
CD
MI-01
Jobs Reported
21
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
14296.79
Payroll Proceed
57187.18
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
72184.91
Forgiveness Date
04/02/2021