Date Approved
04/13/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
VICTORY INN, INC.
Borrower Address
28950 MOUND RD
Borrower City
WARREN
Borrower State
MI
Borrower Zip
48092-5511
Loan Status Date
02/23/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
68873.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98829
Servicing Lender Name
Lake Trust CU
Servicing Lender Address
4605 S Old US Hwy 23
Servicing Lender City
BRIGHTON
Servicing Lender State
Servicing Lender Zip
48114-7521
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MACOMB
Project State
Project Zip
CD
MI-10
Jobs Reported
23
NAICS Code
722511
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
49873.00
Mortgage Interest Proceed
Rent Proceed
19000.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
69401.03
Forgiveness Date
01/20/2021