PPP Loan information for Ring hospitality management, inc.

$115,500

Ring hospitality management, inc. was initially approved for PPP Loan of amount $115,500, the current approved amount is $115,500. The loan was approved on 05/26/2020 by The Comerica Bank reported 22 jobs and $115,500 was used to fund payroll.

Ring hospitality management, inc. is Existing or more than 2 years old

PPP Loan Search / MI / BLOOMFIELD HILLS / Ring hospitality management, inc.

RING HOSPITALITY MANAGEMENT, INC.

Date Approved

05/26/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RING HOSPITALITY MANAGEMENT, INC.

Borrower Address

1573 S TELEGRAPH RD

Borrower City

BLOOMFIELD HILLS

Borrower State

MI

Borrower Zip

48302-0048

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115500.00

Current Approval Amount

115500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-0048

CD

MI-11

Jobs Reported

22

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

115500.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116545.92

Forgiveness Date

05/04/2021

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