Date Approved
01/25/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
SOUTH LYON HOTEL INC.
Borrower Address
201 N Lafayette St
Borrower City
South Lyon
Borrower State
MI
Borrower Zip
48178-1212
Loan Status Date
01/21/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
218900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
435111
Servicing Lender Name
Huron Valley State Bank
Servicing Lender Address
130 S Milford Rd
Servicing Lender City
MILFORD
Servicing Lender State
Servicing Lender Zip
48381-2741
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-07
Jobs Reported
39
NAICS Code
722511
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
218895.00
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
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
220783.14
Forgiveness Date
12/14/2021