PPP Loan information for Somerset inn llc

$570,100

Somerset inn llc was initially approved for PPP Loan of amount $570,100, the current approved amount is $570,100. The loan was approved on 04/10/2020 by The The Huntington National Bank reported 110 jobs and $570,100 was used to fund payroll.

Somerset inn llc is Existing or more than 2 years old

PPP Loan Search / MI / TROY / Somerset inn llc

SOMERSET INN LLC

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SOMERSET INN LLC

Borrower Address

2301 West Big Beaver Road, Suite 900

Borrower City

TROY

Borrower State

MI

Borrower Zip

48084-3300

Loan Status Date

05/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570099.72

Current Approval Amount

570099.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48084-3300

CD

MI-11

Jobs Reported

110

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

570099.72

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

575488.33

Forgiveness Date

03/31/2021

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