Lake Hospitality, INC
$160,100 PPP Loan in Clarkston, Michigan
Loan Details
- Loan Number
- 7776417009
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $160,100
- Current Approval
- $160,100
- Forgiveness Amount
- $162,310
- Forgiveness Date
- Aug 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lake Hospitality, INC
- Address
- 7734 Somerhill Ln
- City
- Clarkston
- State
- Michigan
- ZIP Code
- 48348-4383
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (722513)
- Franchise
- Culver's Butterburgers & Frozen Custard
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- MI-09
Loan Use Breakdown
- Payroll
- $123,460
- Rent
- $8,000
- Utilities
- $18,000
- Mortgage Interest
- $10,640
Lender Information
- Servicing Lender
- Waterford Bank, National Association
- Originating Lender
- Waterford Bank, National Association
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