PPP Loan information for Okemos hospitality group, llc

$108,292

Okemos hospitality group, llc was initially approved for PPP Loan of amount $108,292, the current approved amount is $108,292. The loan was approved on 04/08/2020 by The Mercantile Bank reported 26 jobs and $108,292 was used to fund payroll.

Okemos hospitality group, llc is Existing or more than 2 years old

OKEMOS HOSPITALITY GROUP, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OKEMOS HOSPITALITY GROUP, LLC

Borrower Address

2200 HAMPTON PL

Borrower City

OKEMOS

Borrower State

MI

Borrower Zip

48864-3685

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108291.80

Current Approval Amount

108291.80

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OKEMOS

Project County Name

INGHAM

Project State

MI

Project Zip

48864-3685

CD

MI-07

Jobs Reported

26

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

19647.26

Payroll Proceed

81218.54

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7426.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

109086.93

Forgiveness Date

01/08/2021

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