PPP Loan information for Bay view motel

$8,750

Bay view motel was initially approved for PPP Loan of amount $8,750, the current approved amount is $8,750. The loan was approved on 01/16/2021 by The Baybank reported 4 jobs and $8,750 was used to fund payroll.

Bay view motel is Existing or more than 2 years old

BAY VIEW MOTEL

Date Approved

01/16/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

BAY VIEW MOTEL

Borrower Address

7110 US Highway 2 41 M35

Borrower City

Gladstone

Borrower State

MI

Borrower Zip

49837-2503

Loan Status Date

04/01/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

8750.00

Current Approval Amount

8750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34949

Servicing Lender Name

Baybank

Servicing Lender Address

104 S 10th St

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1528

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gladstone

Project County Name

DELTA

Project State

MI

Project Zip

49837-2503

CD

MI-01

Jobs Reported

4

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

8748.00

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 Company(LLC)

Originating Lender Location Id

34949

Originating Lender

Baybank

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

8788.89

Forgiveness Date

06/30/2021

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