PPP Loan information for South lyon hotel inc.

$218,900

South lyon hotel inc. was initially approved for PPP Loan of amount $218,900, the current approved amount is $218,900. The loan was approved on 01/25/2021 by The Huron Valley State Bank reported 39 jobs and $218,900 was used to fund payroll.

South lyon hotel inc. is Existing or more than 2 years old

SOUTH LYON HOTEL INC.

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

218900.00

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

MI

Servicing Lender Zip

48381-2741

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Lyon

Project County Name

OAKLAND

Project State

MI

Project Zip

48178-1212

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

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

435111

Originating Lender

Huron Valley State Bank

Originating Lender City

MILFORD

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

220783.14

Forgiveness Date

12/14/2021

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