Rachee Lodging Inc.
$182,000 PPP Loan in Alpena, Michigan
Loan Details
- Loan Number
- 3560508708
- Date Approved
- Mar 31, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $182,000
- Current Approval
- $182,000
- Forgiveness Amount
- $184,417
- Forgiveness Date
- Aug 4, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Rachee Lodging Inc.
- Address
- 1000 US Highway 23 N
- City
- Alpena
- State
- Michigan
- ZIP Code
- 49707-1250
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Ramada by Wyndham
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 35
- Estimated Revenue
- $10.9M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $181,994
- Utilities
- $1
Lender Information
- Servicing Lender
- Fifth Third Bank
- Originating Lender
- Fifth Third Bank
Other PPP Loans in Alpena, MI
| Business | Approved | |
|---|---|---|
| Besser Company USA | $4,955,200 | |
| Alcona Citizens for Health, Inc. | $3,576,100 | |
| Alpena Community College | $2,435,600 | |
| Fitzpatrick Acquistions LLC | $1,673,800 | |
| Panel Processing Inc. | $1,356,200 |
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