PPP Loan information for Timbers inn, inc.

$152,683

Timbers inn, inc. was initially approved for PPP Loan of amount $152,683, the current approved amount is $152,683. The loan was approved on 04/09/2020 by The ChoiceOne Bank reported 49 jobs and $152,683 was used to fund payroll.

Timbers inn, inc. is Existing or more than 2 years old

TIMBERS INN, INC.

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TIMBERS INN, INC.

Borrower Address

6555 BELDING RD

Borrower City

ROCKFORD

Borrower State

MI

Borrower Zip

49341-9625

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152683.00

Current Approval Amount

152683.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

KENT

Project State

MI

Project Zip

49341-9625

CD

MI-03

Jobs Reported

49

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

152683.00

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

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

153866.82

Forgiveness Date

01/25/2021

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