Central Michigan Inns, Inc.
$417,642 PPP Loan in Okemos, Michigan
Loan Details
- Loan Number
- 8042217003
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $417,642
- Current Approval
- $417,642
- Forgiveness Amount
- $420,395
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Central Michigan Inns, Inc.
- Address
- 2187 University Park Dr
- City
- Okemos
- State
- Michigan
- ZIP Code
- 48864-3975
- Business Type
- Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Holiday Inn
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 107
- Estimated Revenue
- $33.5M
- Rural/Urban
- Urban
- Congressional District
- MI-07
Loan Use Breakdown
- Payroll
- $313,232
- Utilities
- $7,152
- Mortgage Interest
- $97,259
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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