Rachee Lodging, Inc.
$185,000 PPP Loan in Alpena, Michigan
Loan Details
- Loan Number
- 1229197803
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $185,000
- Current Approval
- $185,000
- Forgiveness Amount
- $186,675
- Forgiveness Date
- Mar 31, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Rachee Lodging, Inc.
- Address
- 1000 US 23 North
- City
- Alpena
- State
- Michigan
- ZIP Code
- 49707
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721199)
- Franchise
- Ramada by Wyndham
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 50
- Estimated Revenue
- $15.6M
- Rural/Urban
- Urban
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $175,000
- Refinance EIDL
- $10,000
Lender Information
- Servicing Lender
- Fifth Third Bank
- Originating Lender
- Fifth Third Bank
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