Novi Inn & Suites, Inc.

$68,000 PPP Loan in Novi, Michigan

Loan Details

Loan Number
4906247001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$68,000
Current Approval
$68,000
Forgiveness Amount
$68,567
Forgiveness Date
Feb 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Novi Inn & Suites, Inc.
Address
21625 Haggerty Rd.
City
Novi
ZIP Code
48375-5310
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Country Inn & Suites�by Radisson
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$27,200
Utilities
$15,300
Debt Interest
$25,500

Lender Information

Servicing Lender
Waterford Bank, National Association
Originating Lender
Waterford Bank, National Association

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