Date Approved
04/08/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SAGINAW HOSPITALITY, LLC
Borrower Address
2695 TITTABAWASSEE RD
Borrower City
SAGINAW
Borrower State
MI
Borrower Zip
48604-9432
Loan Status Date
02/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
118564.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Hampton Inn
Servicing Lender Location Id
122287
Servicing Lender Name
Mercantile Bank
Servicing Lender Address
310 Leonard St NW
Servicing Lender City
GRAND RAPIDS
Servicing Lender State
Servicing Lender Zip
49504-4224
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
MI-08
Jobs Reported
27
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
26094.80
Payroll Proceed
91920.20
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
549.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
119437.80
Forgiveness Date
01/11/2021