PPP Loan information for Troy hotel business inc.

$101,489

Troy hotel business inc. was initially approved for PPP Loan of amount $101,489, the current approved amount is $101,489. The loan was approved on 02/11/2021 by The Loan Source Incorporated reported 12 jobs and $101,489 was used to fund payroll.

Troy hotel business inc. is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Troy hotel business inc.

TROY HOTEL BUSINESS INC.

Date Approved

02/11/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TROY HOTEL BUSINESS INC.

Borrower Address

2537 Rochester Ct

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-1875

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

101489.00

Current Approval Amount

101489.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

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

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

48083-1875

CD

MI-11

Jobs Reported

12

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

101487.00

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

Subchapter S Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102223.06

Forgiveness Date

11/10/2021

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