PPP Loan information for Terrace bay hotel, llc

$292,802

Terrace bay hotel, llc was initially approved for PPP Loan of amount $292,802, the current approved amount is $292,802. The loan was approved on 01/19/2021 by The Embers CU reported 72 jobs and $292,802 was used to fund payroll.

Terrace bay hotel, llc is Existing or more than 2 years old

TERRACE BAY HOTEL, LLC

Date Approved

01/19/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TERRACE BAY HOTEL, LLC

Borrower Address

7146 P Rd

Borrower City

Gladstone

Borrower State

MI

Borrower Zip

49837-2525

Loan Status Date

08/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

292802.37

Current Approval Amount

292802.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99133

Servicing Lender Name

Embers CU

Servicing Lender Address

1001 W Baraga Ave

Servicing Lender City

MARQUETTE

Servicing Lender State

MI

Servicing Lender Zip

49855-4030

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gladstone

Project County Name

DELTA

Project State

MI

Project Zip

49837-2525

CD

MI-01

Jobs Reported

72

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

292801.37

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

Limited Liability Company(LLC)

Originating Lender Location Id

99133

Originating Lender

Embers CU

Originating Lender City

MARQUETTE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

297126.22

Forgiveness Date

07/19/2022

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