PPP Loan information for Lapeer lodge, inc.

$77,000

Lapeer lodge, inc. was initially approved for PPP Loan of amount $77,000, the current approved amount is $77,000. The loan was approved on 04/08/2020 by The The Farmers & Merchants State Bank reported 15 jobs and $77,000 was used to fund payroll.

Lapeer lodge, inc. is Existing or more than 2 years old

PPP Loan Search / MI / LAPEER / Lapeer lodge, inc.

LAPEER LODGE, INC.

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

LAPEER LODGE, INC.

Borrower Address

927 Demille

Borrower City

LAPEER

Borrower State

MI

Borrower Zip

48446

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

77000.00

Current Approval Amount

77000.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAPEER

Project County Name

LAPEER

Project State

MI

Project Zip

48446-0001

CD

MI-10

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

77000.00

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67431.37

Forgiveness Date

12/09/2020

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