PPP Loan information for Twin elms motel

$16,250

Twin elms motel was initially approved for PPP Loan of amount $16,250, the current approved amount is $16,250. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 4 jobs and $16,250 was used to fund payroll.

Twin elms motel is Existing or more than 2 years old

PPP Loan Search / MI / INKSTER / Twin elms motel

TWIN ELMS MOTEL

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

TWIN ELMS MOTEL

Borrower Address

25845 MICHIGAN AVE

Borrower City

INKSTER

Borrower State

MI

Borrower Zip

48141

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

16250.00

Current Approval Amount

16250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

INKSTER

Project County Name

WAYNE

Project State

MI

Project Zip

48141-0002

CD

MI-12

Jobs Reported

4

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3961.00

Payroll Proceed

12000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

289.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16410.13

Forgiveness Date

04/29/2021

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