Date Approved
02/22/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
THE FORTUNA INN
Borrower Address
22281 Pontiac Trl
Borrower City
South Lyon
Borrower State
MI
Borrower Zip
48178-1639
Loan Status Date
02/08/2023
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
62000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
456756
Servicing Lender Name
Cross River Bank
Servicing Lender Address
885 Teaneck Rd
Servicing Lender City
TEANECK
Servicing Lender State
NJ
Servicing Lender Zip
07666-4546
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
13
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
61998.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
63190.74
Forgiveness Date
01/26/2023