150 Ottawa Hotel Development, LLC
$230,725 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 7621347007
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $230,725
- Current Approval
- $230,725
- Forgiveness Amount
- $232,432
- Forgiveness Date
- Jan 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- 150 Ottawa Hotel Development, LLC
- Address
- 32 Market Ave SW Suite 500
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49503-4047
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Real Estate and Rental and Leasing (531120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 40
- Estimated Revenue
- $6.0M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $171,658
- Utilities
- $25,000
- Health Care
- $12,922
- Mortgage Interest
- $21,145
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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