PPP Loan information for Waterford hotel inc

$114,100

Waterford hotel inc was initially approved for PPP Loan of amount $114,100, the current approved amount is $114,100. The loan was approved on 04/04/2020 by The Farmers State Bank of Alto Pass, Illinois reported 24 jobs and $114,100 was used to fund payroll.

Waterford hotel inc is Existing or more than 2 years old

PPP Loan Search / MI / WATERFORD / Waterford hotel inc

WATERFORD HOTEL INC

Date Approved

04/04/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

WATERFORD HOTEL INC

Borrower Address

4350 PONTIAC LAKE RD

Borrower City

WATERFORD

Borrower State

MI

Borrower Zip

48328-1264

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114100.00

Current Approval Amount

114100.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

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

24

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85632.00

Mortgage Interest Proceed

28468.00

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

115478.58

Forgiveness Date

07/02/2021

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