Saginaw Road Investment, LLC

$206,345 PPP Loan in Lansing, Michigan

Loan Details

Loan Number
8292817009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$206,345
Current Approval
$206,346
Forgiveness Amount
$209,178
Forgiveness Date
Sep 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Saginaw Road Investment, LLC
Address
633 N Canal Rd
ZIP Code
48917-8965
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Hilton Garden Inn
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$12.8M
Rural/Urban
Rural
Congressional District
MI-07

Loan Use Breakdown

Payroll
$165,077
Rent
$10,317
Utilities
$10,317
Mortgage Interest
$10,318
Debt Interest
$10,317

Lender Information

Servicing Lender
Horizon Bank
Originating Lender
Horizon Bank

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