PPP Loan information for Mid towne hospitality llc

$243,037

Mid towne hospitality llc was initially approved for PPP Loan of amount $243,037, the current approved amount is $243,037. The loan was approved on 03/17/2021 by The Mercantile Bank reported 35 jobs and $243,037 was used to fund payroll.

Mid towne hospitality llc is Existing or more than 2 years old

PPP Loan Search / MI / Grand Rapids / Mid towne hospitality llc

MID TOWNE HOSPITALITY LLC

Date Approved

03/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

MID TOWNE HOSPITALITY LLC

Borrower Address

433 Dudley Pl NE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49503-1735

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

243036.50

Current Approval Amount

243036.50

Undisbursed Amount

0.00

Franchise Name

Hampton Inn & Suites

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49503-1735

CD

MI-03

Jobs Reported

35

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

243034.50

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

244574.62

Forgiveness Date

11/08/2021

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