PPP Loan information for Detroit cbd hotel llc

$468,955

Detroit cbd hotel llc was initially approved for PPP Loan of amount $468,955, the current approved amount is $468,955. The loan was approved on 02/06/2021 by The Cambridge Savings Bank reported 40 jobs and $468,955 was used to fund payroll.

Detroit cbd hotel llc is Existing or more than 2 years old

PPP Loan Search / MI / Detroit / Detroit cbd hotel llc

DETROIT CBD HOTEL LLC

Date Approved

02/06/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

DETROIT CBD HOTEL LLC

Borrower Address

1020 Washington Blvd

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48226-2613

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

468954.50

Current Approval Amount

468954.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48226-2613

CD

MI-13

Jobs Reported

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

468951.50

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

471511.27

Forgiveness Date

08/27/2021

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