PPP Loan information for Terrace bay hotel, llc

$209,145

Terrace bay hotel, llc was initially approved for PPP Loan of amount $209,145, the current approved amount is $209,145. The loan was approved on 04/06/2020 by The Embers CU reported 72 jobs and $209,145 was used to fund payroll.

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

PPP Loan Search / MI / GLADSTONE / Terrace bay hotel, llc

TERRACE BAY HOTEL, LLC

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TERRACE BAY HOTEL, LLC

Borrower Address

7146 P Rd

Borrower City

GLADSTONE

Borrower State

MI

Borrower Zip

49837-2525

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

209144.55

Current Approval Amount

209144.55

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

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

209144.55

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

210708.84

Forgiveness Date

01/13/2021

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