PPP Loan information for Chelsea inn, llc

$121,700

Chelsea inn, llc was initially approved for PPP Loan of amount $121,700, the current approved amount is $121,700. The loan was approved on 04/16/2020 by The Royal Business Bank reported 28 jobs and $121,700 was used to fund payroll.

Chelsea inn, llc is New Business or 2 years or less

PPP Loan Search / MI / CHELSEA / Chelsea inn, llc

CHELSEA INN, LLC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

CHELSEA INN, LLC

Borrower Address

1645 Commerce Park Dr

Borrower City

CHELSEA

Borrower State

MI

Borrower Zip

48118-1451

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

121700.00

Current Approval Amount

121700.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

460489

Servicing Lender Name

Royal Business Bank

Servicing Lender Address

1055 Wilshire Blvd, Ste 1200

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90017-3433

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CHELSEA

Project County Name

WASHTENAW

Project State

MI

Project Zip

48118-1451

CD

MI-06

Jobs Reported

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6000.00

Payroll Proceed

91275.00

Mortgage Interest Proceed

21000.00

Rent Proceed

3425.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

460489

Originating Lender

Royal Business Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122990.35

Forgiveness Date

05/13/2021

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