PPP Loan information for Southfield grand hospitality inc

$397,085

Southfield grand hospitality inc was initially approved for PPP Loan of amount $397,085, the current approved amount is $397,085. The loan was approved on 03/31/2021 by The Loan Source Incorporated reported 40 jobs and $397,085 was used to fund payroll.

Southfield grand hospitality inc is Existing or more than 2 years old

PPP Loan Search / MI / Southfield / Southfield grand hospitality inc

SOUTHFIELD GRAND HOSPITALITY INC

Date Approved

03/31/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SOUTHFIELD GRAND HOSPITALITY INC

Borrower Address

26000 American Dr

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48034-6170

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

397085.00

Current Approval Amount

397085.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-6170

CD

MI-12

Jobs Reported

40

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

397080.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

400359.59

Forgiveness Date

02/03/2022

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