PPP Loan information for Novi oaks hotel llc

$259,710

Novi oaks hotel llc was initially approved for PPP Loan of amount $259,710, the current approved amount is $259,710. The loan was approved on 01/29/2021 by The Fountainhead SBF LLC reported 31 jobs and $259,710 was used to fund payroll.

Novi oaks hotel llc is Existing or more than 2 years old

NOVI OAKS HOTEL LLC

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

259710.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

NOVI

Project County Name

OAKLAND

Project State

MI

Project Zip

48377

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

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

524612

Originating Lender

Fountainhead SBF LLC

Originating Lender City

LAKE MARY

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

263035.73

Forgiveness Date

05/17/2022

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