Date Approved
04/27/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SM HOSPITALITY LLC
Borrower Address
1091 W US HIGHWAY 223
Borrower City
ADRIAN
Borrower State
MI
Borrower Zip
49221-8452
Loan Status Date
02/19/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
37587.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Super 8 by Wyndhan
Servicing Lender Location Id
188567
Servicing Lender Name
Loan Source Incorporated
Servicing Lender Address
353 East 83rd Street Suite 3H
Servicing Lender City
NEW YORK
Servicing Lender State
NY
Servicing Lender Zip
10028
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
LENAWEE
Project State
Project Zip
CD
MI-05
Jobs Reported
15
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3000.00
Payroll Proceed
30000.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
4587.00
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
90426
Originating Lender
Pacific Premier Bank
Originating Lender City
IRVINE
Originating Lender State
CA
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
38077.18
Forgiveness Date
08/25/2021