PPP Loan information for Shyam hotel inc.

$64,750

Shyam hotel inc. was initially approved for PPP Loan of amount $64,750, the current approved amount is $64,750. The loan was approved on 01/22/2021 by The Teachers CU reported 10 jobs and $64,750 was used to fund payroll.

Shyam hotel inc. is Existing or more than 2 years old

PPP Loan Search / MI / Niles / Shyam hotel inc.

SHYAM HOTEL INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SHYAM HOTEL INC.

Borrower Address

1265 S 11th St

Borrower City

Niles

Borrower State

MI

Borrower Zip

49120-3408

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64750.00

Current Approval Amount

64750.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

96759

Servicing Lender Name

Teachers CU

Servicing Lender Address

110 S Main St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1805

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Niles

Project County Name

BERRIEN

Project State

MI

Project Zip

49120-3408

CD

MI-06

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

64750.00

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

96759

Originating Lender

Teachers CU

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65053.35

Forgiveness Date

08/09/2021

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