Waterford Hotel INC

$114,100 PPP Loan in Waterford, Michigan

Loan Details

Loan Number
4923547010
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$114,100
Current Approval
$114,100
Forgiveness Amount
$115,479
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Waterford Hotel INC
Address
4350 Pontiac Lake Rd
ZIP Code
48328-1264
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$7.5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$85,632
Mortgage Interest
$28,468

Lender Information

Servicing Lender
Farmers State Bank of Alto Pass, Illinois
Originating Lender
Farmers State Bank of Alto Pass, Illinois

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