Southgate Hospitality, Inc.
$309,500 PPP Loan in Southgate, Michigan
Loan Details
- Loan Number
- 2476267105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $309,500
- Current Approval
- $309,500
- Forgiveness Amount
- $312,654
- Forgiveness Date
- Apr 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Southgate Hospitality, Inc.
- Address
- 17201 Northline Rd
- City
- Southgate
- State
- Michigan
- ZIP Code
- 48195-2336
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Holiday Inn
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 52
- Estimated Revenue
- $16.3M
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $309,500
Lender Information
- Servicing Lender
- First National Bank of Michigan
- Originating Lender
- First National Bank of Michigan
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