PPP Loan information for Savco hospitality inc

$187,972

Savco hospitality inc was initially approved for PPP Loan of amount $187,972, the current approved amount is $187,972. The loan was approved on 01/20/2021 by The First Merchants Bank reported 13 jobs and $187,972 was used to fund payroll.

Savco hospitality inc is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Savco hospitality inc

SAVCO HOSPITALITY INC

Date Approved

01/20/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SAVCO HOSPITALITY INC

Borrower Address

301 E Liberty St Ste 200

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48104-2265

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187972.43

Current Approval Amount

187972.43

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48104-2265

CD

MI-06

Jobs Reported

13

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187967.43

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

175337.74

Forgiveness Date

08/01/2022

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