Southgate Hospitality Inc.

$433,405 PPP Loan in Southgate, Michigan

Loan Details

Loan Number
7934578602
Date Approved
Mar 24, 2021
Loan Status
Paid in Full
Initial Approval
$433,405
Current Approval
$433,405
Forgiveness Amount
$437,620
Forgiveness Date
Mar 16, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Southgate Hospitality Inc.
Address
17201 Northline Rd
ZIP Code
48195-2336
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.2M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$433,402
Utilities
$1

Lender Information

Servicing Lender
First National Bank of Michigan
Originating Lender
First National Bank of Michigan

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