Cambridge Hospitality

$243,534 PPP Loan in Benton Harbor, Michigan

Loan Details

Loan Number
9158777003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$243,534
Current Approval
$243,534
Forgiveness Amount
$245,229
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Cambridge Hospitality
Address
1300 Cinema Way
ZIP Code
49022-2319
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Hilton Garden Inn
Business Age
Existing or more than 2 years old
Jobs Reported
177
Estimated Revenue
$55.3M
Rural/Urban
Rural
Congressional District
MI-06

Loan Use Breakdown

Payroll
$182,951
Utilities
$10,000
Mortgage Interest
$50,583

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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