Shyam Hotel Inc.
$64,750 PPP Loan in Niles, Michigan
Loan Details
- Loan Number
- 3367368309
- Date Approved
- Jan 22, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $64,750
- Current Approval
- $64,750
- Forgiveness Amount
- $65,053
- Forgiveness Date
- Aug 9, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Shyam Hotel Inc.
- Address
- 1265 S 11th St
- City
- Niles
- State
- Michigan
- ZIP Code
- 49120-3408
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Quality Inn by Choice Hotels /quality Inn & Suites by Choice Hotels
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 10
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MI-05
Loan Use Breakdown
- Payroll
- $64,750
Lender Information
- Servicing Lender
- Everwise Credit Union
- Originating Lender
- Everwise Credit Union
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| Business | Approved | |
|---|---|---|
| Modineer Company LLC | $7,214,200 | |
| Jnko Management INC | $1,832,500 | |
| Paragon Tempered Glass, LLC | $1,752,800 | |
| Selge Construction Co., Inc. | $1,519,222 | |
| C & S Machine Products INC | $1,483,800 |
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