Somerset Inn LLC

$798,140 PPP Loan in Troy, Michigan

Loan Details

Loan Number
2523658409
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$798,140
Current Approval
$798,140
Forgiveness Amount
$806,668
Forgiveness Date
Mar 9, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Somerset Inn LLC
Address
2301 W Big Beaver Rd Ste 900
City
Troy
ZIP Code
48084-3332
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
110
Estimated Revenue
$34.4M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$798,139
Utilities
$1

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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