PPP Loan information for Fas hotels llc

$148,000

Fas hotels llc was initially approved for PPP Loan of amount $148,000, the current approved amount is $148,000. The loan was approved on 03/12/2021 by The Citizens National Bank of Cheboygan reported 28 jobs and $148,000 was used to fund payroll.

Fas hotels llc is Existing or more than 2 years old

FAS HOTELS LLC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

FAS HOTELS LLC

Borrower Address

400 Stephenson Hwy

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-1129

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

148000.00

Current Approval Amount

148000.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

33683

Servicing Lender Name

Citizens National Bank of Cheboygan

Servicing Lender Address

303 N Main St

Servicing Lender City

CHEBOYGAN

Servicing Lender State

MI

Servicing Lender Zip

49721-1544

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-1129

CD

MI-11

Jobs Reported

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

147994.00

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

33683

Originating Lender

Citizens National Bank of Cheboygan

Originating Lender City

CHEBOYGAN

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

148900.33

Forgiveness Date

10/26/2021

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