PPP Loan information for Bestway hospitality, inc

$56,379

Bestway hospitality, inc was initially approved for PPP Loan of amount $56,379, the current approved amount is $56,379. The loan was approved on 04/28/2020 by The First Merchants Bank reported 14 jobs and $56,379 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

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

BESTWAY HOSPITALITY, INC

Borrower Address

1900 Welcome Way

Borrower City

Monroe

Borrower State

MI

Borrower Zip

48162-9300

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56379.00

Current Approval Amount

56379.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

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

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56379.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56914.99

Forgiveness Date

04/13/2021

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