PPP Loan information for Dearborn elite hotels, inc

$227,192

Dearborn elite hotels, inc was initially approved for PPP Loan of amount $227,192, the current approved amount is $227,192. The loan was approved on 04/14/2020 by The First National Bank of Michigan reported 56 jobs and $227,192 was used to fund payroll.

Dearborn elite hotels, inc is Existing or more than 2 years old

PPP Loan Search / MI / DEARBORN / Dearborn elite hotels, inc

DEARBORN ELITE HOTELS, INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

DEARBORN ELITE HOTELS, INC

Borrower Address

24105 E. MICHIGAN AVE

Borrower City

DEARBORN

Borrower State

MI

Borrower Zip

48124-1801

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

227192.00

Current Approval Amount

227192.00

Undisbursed Amount

0.00

Franchise Name

Staybridge Suites

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEARBORN

Project County Name

WAYNE

Project State

MI

Project Zip

48124-1801

CD

MI-12

Jobs Reported

56

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

227192.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

229227.39

Forgiveness Date

03/11/2021

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