Cherrywood Lodge Inc.
$71,400 PPP Loan in Wetmore, Michigan
Loan Details
- Loan Number
- 7923527008
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $71,400
- Current Approval
- $71,400
- Forgiveness Amount
- $71,916
- Forgiveness Date
- Jan 7, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Cherrywood Lodge Inc.
- Address
- E10160 M-28
- City
- Wetmore
- State
- Michigan
- ZIP Code
- 49895
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Econo Lodge by Choice Hotels/econo Lodge Inn & Suites by Choice Hotels
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 27
- Estimated Revenue
- $8.4M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $53,550
- Utilities
- $17,850
Lender Information
- Servicing Lender
- Nicolet National Bank
- Originating Lender
- Nicolet National Bank
Other PPP Loans in Wetmore, MI
| Business | Approved | |
|---|---|---|
| Cherrywood Lodge Inc. | $100,030 |  AI Deep Dive |
| Charlton Construction LLC | $98,600 | AI Deep Dive |
| Gerou Excavating Inc. | $90,300 | AI Deep Dive |
| Gerou Excavating, Inc. | $89,600 | AI Deep Dive |
| Out of the Ashes, Inc. | $86,773 | AI Deep Dive |
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