PPP Loan information for Bestway hospitality inc

$78,928

Bestway hospitality inc was initially approved for PPP Loan of amount $78,928, the current approved amount is $78,928. The loan was approved on 01/25/2021 by The First National Bank of Michigan reported 9 jobs and $78,928 was used to fund payroll.

Bestway hospitality inc is Existing or more than 2 years old

PPP Loan Search / MI / Monroe / Bestway hospitality inc

BESTWAY HOSPITALITY INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BESTWAY HOSPITALITY INC

Borrower Address

1900 Welcome Way

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48162-9300

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

78928.00

Current Approval Amount

78928.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monroe

Project County Name

MONROE

Project State

MI

Project Zip

48162-9300

CD

MI-05

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

78925.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

79429.68

Forgiveness Date

09/15/2021

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