Date Approved
04/11/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
WARREN ECONOMY HOTEL, INC
Borrower Address
8300 CHICAGO RD
Borrower City
WARREN
Borrower State
MI
Borrower Zip
48093-1679
Loan Status Date
03/19/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
71667.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Motel 6
Servicing Lender Location Id
99368
Servicing Lender Name
Christian Financial CU
Servicing Lender Address
35100 Van Dyke Ave
Servicing Lender City
STERLING HEIGHTS
Servicing Lender State
Servicing Lender Zip
48312-3553
Rural Urban Indicator
U
Hubzone Indicator
N
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
18
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
14333.50
Payroll Proceed
57334.00
Mortgage Interest Proceed
Rent Proceed
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
62058.97
Forgiveness Date
12/09/2020