PPP Loan information for Waterford hotel

$159,740

Waterford hotel was initially approved for PPP Loan of amount $159,740, the current approved amount is $159,740. The loan was approved on 02/17/2021 by The Farmers State Bank of Alto Pass, Illinois reported 25 jobs and $159,740 was used to fund payroll.

Waterford hotel is Existing or more than 2 years old

PPP Loan Search / MI / Waterford / Waterford hotel

WATERFORD HOTEL

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

WATERFORD HOTEL

Borrower Address

4350 Pontiac Lake Rd

Borrower City

Waterford

Borrower State

MI

Borrower Zip

48328-1264

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

159740.00

Current Approval Amount

159740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waterford

Project County Name

OAKLAND

Project State

MI

Project Zip

48328-1264

CD

MI-11

Jobs Reported

25

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

159738.00

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

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

161105.45

Forgiveness Date

01/18/2022

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