PPP Loan information for Warren economy hotel, inc

$71,668

Warren economy hotel, inc was initially approved for PPP Loan of amount $71,668, the current approved amount is $71,668. The loan was approved on 04/11/2020 by The Christian Financial CU reported 18 jobs and $71,668 was used to fund payroll.

Warren economy hotel, inc is Existing or more than 2 years old

WARREN ECONOMY HOTEL, INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WARREN ECONOMY HOTEL, INC

Borrower Address

8300 CHICAGO RD

Borrower City

WARREN

Borrower State

MI

Borrower Zip

48093-1679

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

71667.50

Current Approval Amount

71667.50

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

99368

Servicing Lender Name

Christian Financial CU

Servicing Lender Address

35100 Van Dyke Ave

Servicing Lender City

STERLING HEIGHTS

Servicing Lender State

MI

Servicing Lender Zip

48312-3553

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WARREN

Project County Name

MACOMB

Project State

MI

Project Zip

48093-1679

CD

MI-10

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14333.50

Payroll Proceed

57334.00

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

99368

Originating Lender

Christian Financial CU

Originating Lender City

STERLING HEIGHTS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62058.97

Forgiveness Date

12/09/2020

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