PPP Loan information for Hospitality investment group inc

$125,086

Hospitality investment group inc was initially approved for PPP Loan of amount $125,086, the current approved amount is $125,086. The loan was approved on 03/02/2021 by The Loan Source Incorporated reported 19 jobs and $125,086 was used to fund payroll.

Hospitality investment group inc is Existing or more than 2 years old

HOSPITALITY INVESTMENT GROUP INC

Date Approved

03/02/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

HOSPITALITY INVESTMENT GROUP INC

Borrower Address

29870 Middlebelt Rd

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-2316

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125086.00

Current Approval Amount

125086.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Farmington Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48334-2316

CD

MI-11

Jobs Reported

19

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

125081.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125901.63

Forgiveness Date

11/02/2021

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