Chelsea Inn, LLC
$121,700 PPP Loan in Chelsea, Michigan
Loan Details
- Loan Number
- 2364067208
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $121,700
- Current Approval
- $121,700
- Forgiveness Amount
- $122,990
- Forgiveness Date
- May 13, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Chelsea Inn, LLC
- Address
- 1645 Commerce Park Dr
- City
- Chelsea
- State
- Michigan
- ZIP Code
- 48118-1451
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Comfort Inn by Choice Hotels/comfort Inn & Suites by Choice Hotels
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 28
- Estimated Revenue
- $8.8M
- Rural/Urban
- Urban
- Congressional District
- MI-06
Loan Use Breakdown
- Payroll
- $91,275
- Rent
- $3,425
- Utilities
- $6,000
- Mortgage Interest
- $21,000
Lender Information
- Servicing Lender
- Royal Business Bank
- Originating Lender
- Royal Business Bank
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|---|---|---|
| Hatch Stamping Company, LLC | $10,000,000 |  AI Deep Dive |
| Sheridan Books INC | $3,204,643 | AI Deep Dive |
| Chelsea Lumber Company | $1,659,000 | AI Deep Dive |
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