PPP Loan information for Orchard hospitality management inc

$95,700

Orchard hospitality management inc was initially approved for PPP Loan of amount $95,700, the current approved amount is $95,700. The loan was approved on 04/15/2020 by The First Merchants Bank reported 27 jobs and $95,700 was used to fund payroll.

Orchard hospitality management inc is Existing or more than 2 years old

PPP Loan Search / MI / Farmington Hills / Orchard hospitality management inc

ORCHARD HOSPITALITY MANAGEMENT INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ORCHARD HOSPITALITY MANAGEMENT INC

Borrower Address

29870 Middlebelt Rd. Ste 200

Borrower City

Farmington Hills

Borrower State

MI

Borrower Zip

48334-2316

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95700.00

Current Approval Amount

95700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

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

27

NAICS Code

541611

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

95700.00

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

Subchapter S Corporation

Originating Lender Location Id

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96394.81

Forgiveness Date

01/11/2021

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