PPP Loan information for Frenchtown hotels llc

$72,775

Frenchtown hotels llc was initially approved for PPP Loan of amount $72,775, the current approved amount is $72,775. The loan was approved on 04/13/2020 by The ChoiceOne Bank reported 19 jobs and $72,775 was used to fund payroll.

Frenchtown hotels llc is Existing or more than 2 years old

FRENCHTOWN HOTELS LLC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRENCHTOWN HOTELS LLC

Borrower Address

2369 FRANKLIN RD

Borrower City

BLOOMFIELD HILLS

Borrower State

MI

Borrower Zip

48302-0333

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72775.00

Current Approval Amount

72775.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BLOOMFIELD HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-0333

CD

MI-11

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7276.50

Payroll Proceed

54880.00

Mortgage Interest Proceed

7276.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

3342.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73279.44

Forgiveness Date

12/31/2020

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