Pontchartrain Detroit Hotel LLC

$1,447,880 PPP Loan in Detroit, Michigan

Loan Details

Loan Number
3529028501
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$1,447,880
Current Approval
$1,447,880
Forgiveness Amount
$1,365,330
Forgiveness Date
Oct 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Pontchartrain Detroit Hotel LLC
Address
2 Washington Blvd
ZIP Code
48226-4421
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Crowne Plaza
Business Age
Existing or more than 2 years old
Jobs Reported
132
Estimated Revenue
$41.3M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$1,447,875
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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