# PPP loan: CH ROYAL OAK, LLC
> **$274K** approved 04/10/2020 · Exemption 4 · Loan `1615997108`
## Borrower
- **Name:** CH ROYAL OAK, LLC
- **Address:** 200 N Main Street, ROYAL OAK, MI, 48067-4109
- **NAICS:** 512131
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $173K (63%)
- **Forgiveness date:** 09/23/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Jobs reported:** 95
## 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*