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
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
Servicing Lender Zip
49345-1337
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
OAKLAND
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
3342.00
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
73279.44
Forgiveness Date
12/31/2020