Date Approved
03/20/2021
SBA Office Code
0515
Processing Method
PPS
Borrower Name
FRENCHTOWN HOTELS LLC
Borrower Address
1731 N Dixie Hwy
Borrower City
Monroe
Borrower State
MI
Borrower Zip
48162-5208
Loan Status Date
09/25/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
101885.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Tru by Hilton
Servicing Lender Location Id
36482
Servicing Lender Name
ChoiceOne Bank
Servicing Lender Address
109 E Division
Servicing Lender City
SPARTA
Servicing Lender State
Servicing Lender Zip
49345-1337
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONROE
Project State
Project Zip
CD
MI-05
Jobs Reported
19
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
101879.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
102278.58
Forgiveness Date
08/18/2021