Cadillac Lodging, Inc.

$131,195 PPP Loan in Cadillac, Michigan

Loan Details

Loan Number
2649047108
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$131,195
Current Approval
$131,195
Forgiveness Amount
$132,784
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cadillac Lodging, Inc.
Address
7642 US Highway 131
ZIP Code
49601-8618
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.0M
Rural/Urban
Rural
Congressional District
MI-04

Loan Use Breakdown

Payroll
$98,397
Rent
$26,238
Utilities
$6,560

Lender Information

Servicing Lender
Honor Bank
Originating Lender
Honor Bank

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