Elite Hospitality Inc.

$92,032 PPP Loan in Stevensville, Michigan

Loan Details

Loan Number
7204387007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$92,032
Current Approval
$92,032
Forgiveness Amount
$92,682
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Elite Hospitality Inc.
Address
4408 Red Arrow Hwy
ZIP Code
49127-8305
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Fairfield by Marriott/fairfield Inn & Suites by Marriott/fairfield Inn by Marriott
Business Age
New Business or 2 years or less
Jobs Reported
93
Estimated Revenue
$29.1M
Rural/Urban
Rural
Congressional District
MI-06

Loan Use Breakdown

Payroll
$69,024
Utilities
$2,822
Mortgage Interest
$20,186

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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