PPP Loan information for Victory inn inc.

$84,897

Victory inn inc. was initially approved for PPP Loan of amount $103,838, the current approved amount is $84,897. The loan was approved on 01/26/2021 by The Lake Trust CU reported 22 jobs and $84,897 was used to fund payroll.

Victory inn inc. is Existing or more than 2 years old

VICTORY INN INC.

Date Approved

01/26/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

VICTORY INN INC.

Borrower Address

28950 Mound Rd

Borrower City

Warren

Borrower State

MI

Borrower Zip

48092-5511

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

103838.00

Current Approval Amount

84897.06

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

MI

Servicing Lender Zip

48114-7521

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Warren

Project County Name

MACOMB

Project State

MI

Project Zip

48092-5511

CD

MI-10

Jobs Reported

22

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

84892.06

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

Corporation

Originating Lender Location Id

98829

Originating Lender

Lake Trust CU

Originating Lender City

BRIGHTON

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85514.92

Forgiveness Date

10/25/2021

;