PPP Loan information for Motor city hotel, llc

$393,800

Motor city hotel, llc was initially approved for PPP Loan of amount $393,800, the current approved amount is $393,800. The loan was approved on 04/05/2020 by The Stock Yards Bank & Trust Company reported 44 jobs and $393,800 was used to fund payroll.

Motor city hotel, llc is Existing or more than 2 years old

PPP Loan Search / MI / AUBURN HILLS / Motor city hotel, llc

MOTOR CITY HOTEL, LLC

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

MOTOR CITY HOTEL, LLC

Borrower Address

2300 FEATHERSTONE RD

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-2844

Loan Status Date

12/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

393800.00

Current Approval Amount

393800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27569

Servicing Lender Name

Stock Yards Bank & Trust Company

Servicing Lender Address

1040 E Main St

Servicing Lender City

LOUISVILLE

Servicing Lender State

KY

Servicing Lender Zip

40206-1856

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-2844

CD

MI-11

Jobs Reported

44

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

393800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

27569

Originating Lender

Stock Yards Bank & Trust Company

Originating Lender City

LOUISVILLE

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327678.85

Forgiveness Date

08/09/2021

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