PPP Loan information for Pontchartrain detroit hotel llc

$1,447,880

Pontchartrain detroit hotel llc was initially approved for PPP Loan of amount $1,447,880, the current approved amount is $1,447,880. The loan was approved on 02/24/2021 by The Loan Source Incorporated reported 132 jobs and $1,447,880 was used to fund payroll.

Pontchartrain detroit hotel llc is Existing or more than 2 years old

PONTCHARTRAIN DETROIT HOTEL LLC

Date Approved

02/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PONTCHARTRAIN DETROIT HOTEL LLC

Borrower Address

2 Washington Blvd

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48226-4421

Loan Status Date

11/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1447880.00

Current Approval Amount

1447880.00

Undisbursed Amount

0.00

Franchise Name

Crowne Plaza

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48226-4421

CD

MI-13

Jobs Reported

132

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1447875.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1365330.34

Forgiveness Date

10/06/2022

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