PPP Loan information for Southgate lodging inc

$163,737

Southgate lodging inc was initially approved for PPP Loan of amount $163,737, the current approved amount is $163,737. The loan was approved on 02/05/2021 by The The Huntington National Bank reported 15 jobs and $163,737 was used to fund payroll.

Southgate lodging inc is Existing or more than 2 years old

SOUTHGATE LODGING INC

Date Approved

02/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOUTHGATE LODGING INC

Borrower Address

13333 Heritage Pl

Borrower City

Southgate

Borrower State

MI

Borrower Zip

48195-3239

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

163737.00

Current Approval Amount

163737.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southgate

Project County Name

WAYNE

Project State

MI

Project Zip

48195-3239

CD

MI-13

Jobs Reported

15

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

163732.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164858.49

Forgiveness Date

10/19/2021

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