PPP Loan information for Troy hotels inc

$303,702

Troy hotels inc was initially approved for PPP Loan of amount $303,702, the current approved amount is $303,702. The loan was approved on 03/12/2021 by The First National Bank of Michigan reported 37 jobs and $303,702 was used to fund payroll.

Troy hotels inc is Existing or more than 2 years old

PPP Loan Search / MI / Troy / Troy hotels inc

TROY HOTELS INC

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TROY HOTELS INC

Borrower Address

325 Stephenson Hwy

Borrower City

Troy

Borrower State

MI

Borrower Zip

48083-1107

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303702.00

Current Approval Amount

303702.00

Undisbursed Amount

0.00

Franchise Name

TownePlace Suites by Marriott

Servicing Lender Location Id

440800

Servicing Lender Name

First National Bank of Michigan

Servicing Lender Address

348 W Michigan Ave

Servicing Lender City

KALAMAZOO

Servicing Lender State

MI

Servicing Lender Zip

49007-3755

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Troy

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-1107

CD

MI-11

Jobs Reported

37

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

303699.00

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

440800

Originating Lender

First National Bank of Michigan

Originating Lender City

KALAMAZOO

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

305748.87

Forgiveness Date

11/17/2021

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