Date Approved
01/22/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
PROVIDENCE HOSPITALITY INC
Borrower Address
29870 Middlebelt Rd Ste 200
Borrower City
Farmington Hills
Borrower State
MI
Borrower Zip
48334-2316
Loan Status Date
09/28/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
131500.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Staybridge Suites
Servicing Lender Location Id
24195
Servicing Lender Name
1st Source Bank
Servicing Lender Address
100 N Michigan St
Servicing Lender City
SOUTH BEND
Servicing Lender State
IN
Servicing Lender Zip
46601-1630
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
15
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
131496.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
132234.21
Forgiveness Date
08/17/2021