PPP Loan information for Prestige hospitality inc

$189,675

Prestige hospitality inc was initially approved for PPP Loan of amount $189,675, the current approved amount is $189,675. The loan was approved on 01/23/2021 by The United Bank of Michigan reported 20 jobs and $189,675 was used to fund payroll.

Prestige hospitality inc is Existing or more than 2 years old

PRESTIGE HOSPITALITY INC

Date Approved

01/23/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PRESTIGE HOSPITALITY INC

Borrower Address

4495 28th St SE

Borrower City

Grand Rapids

Borrower State

MI

Borrower Zip

49512-1909

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

189675.00

Current Approval Amount

189675.00

Undisbursed Amount

0.00

Franchise Name

Wyndham GardenĀ®

Servicing Lender Location Id

36555

Servicing Lender Name

United Bank of Michigan

Servicing Lender Address

900 E Paris Ave SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49546-3676

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Grand Rapids

Project County Name

KENT

Project State

MI

Project Zip

49512-1909

CD

MI-03

Jobs Reported

20

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

189670.00

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

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

190023.23

Forgiveness Date

06/16/2022

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