Date Approved
01/29/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
NOVI OAKS HOTEL LLC
Borrower Address
2700 S Karevich Dr
Borrower City
NOVI
Borrower State
MI
Borrower Zip
48377
Loan Status Date
02/17/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
259710.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Four Points
Servicing Lender Location Id
524612
Servicing Lender Name
Fountainhead SBF LLC
Servicing Lender Address
3216 W. Lake Mary Blvd
Servicing Lender City
LAKE MARY
Servicing Lender State
FL
Servicing Lender Zip
32746
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
31
NAICS Code
721110
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
259706.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
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
263035.73
Forgiveness Date
05/17/2022