PPP Loan information for Riverfront hotel llc

$247,923

Riverfront hotel llc was initially approved for PPP Loan of amount $247,923, the current approved amount is $247,923. The loan was approved on 04/09/2020 by The United Bank of Michigan reported 48 jobs and $247,923 was used to fund payroll.

Riverfront hotel llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Riverfront hotel llc

RIVERFRONT HOTEL LLC

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RIVERFRONT HOTEL LLC

Borrower Address

270 ANN ST NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49504-2016

Loan Status Date

07/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247923.00

Current Approval Amount

247923.00

Undisbursed Amount

0.00

Franchise Name

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

49504-2016

CD

MI-03

Jobs Reported

48

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

31923.00

Payroll Proceed

186000.00

Mortgage Interest Proceed

30000.00

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

36555

Originating Lender

United Bank of Michigan

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

219612.07

Forgiveness Date

05/04/2021

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