Date Approved
03/12/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
SAGINAW HOSPITALITY LLC
Borrower Address
2695 Tittabawassee Rd
Borrower City
Saginaw
Borrower State
MI
Borrower Zip
48604-9432
Loan Status Date
12/09/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
165991.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Hampton Inn & Suites
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
SAGINAW
Project State
Project Zip
CD
MI-08
Jobs Reported
27
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
165989.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
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
167059.71
Forgiveness Date
11/08/2021