# PPP loan: SOMERSET INN LLC
> **$570K** approved 04/10/2020 · Paid in Full · Loan `1532937106`
## Borrower
- **Name:** SOMERSET INN LLC
- **Address:** 2301 West Big Beaver Road, Suite 900, TROY, MI, 48084-3300
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $570K
- **Initial approval:** $570K
- **Forgiven:** $575K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $570K
- **Jobs reported:** 110
## Lender
- **Originating:** The Huntington National Bank
- **Servicing:** The Huntington National Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*