PPP Loan information for Raceway hospitality llc

$82,022

Raceway hospitality llc was initially approved for PPP Loan of amount $82,022, the current approved amount is $82,022. The loan was approved on 01/21/2021 by The Independent Bank reported 30 jobs and $82,022 was used to fund payroll.

Raceway hospitality llc is Existing or more than 2 years old

RACEWAY HOSPITALITY LLC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

RACEWAY HOSPITALITY LLC

Borrower Address

5992 E M 55

Borrower City

Cadillac

Borrower State

MI

Borrower Zip

49601-8411

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82022.00

Current Approval Amount

82022.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cadillac

Project County Name

WEXFORD

Project State

MI

Project Zip

49601-8411

CD

MI-04

Jobs Reported

30

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82020.00

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

Limited Liability Partnership

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

82660.20

Forgiveness Date

11/09/2021

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