PPP Loan information for Southfield hotel business, inc.

$85,000

Southfield hotel business, inc. was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/15/2020 by The US Eagle FCU reported 18 jobs and $85,000 was used to fund payroll.

Southfield hotel business, inc. is Startup, Loan Funds will Open Business

PPP Loan Search / MI / Southfield / Southfield hotel business, inc.

SOUTHFIELD HOTEL BUSINESS, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOUTHFIELD HOTEL BUSINESS, INC.

Borrower Address

26111 Telegraph Road

Borrower City

Southfield

Borrower State

MI

Borrower Zip

48034

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

101108

Servicing Lender Name

US Eagle FCU

Servicing Lender Address

3939 Osuna NE

Servicing Lender City

ALBUQUERQUE

Servicing Lender State

NM

Servicing Lender Zip

87109-4431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Startup, Loan Funds will Open Business

Project City

Southfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48034-0002

CD

MI-12

Jobs Reported

18

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

101108

Originating Lender

US Eagle FCU

Originating Lender City

ALBUQUERQUE

Originating Lender State

NM

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85742.88

Forgiveness Date

03/10/2021

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