# PPP loan: SOMERSET INN LLC
> **$798K** approved 02/03/2021 · Paid in Full · Loan `2523658409`
## Borrower
- **Name:** SOMERSET INN LLC
- **Address:** 2301 W Big Beaver Rd Ste 900, Troy, MI, 48084-3332
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $798K
- **Initial approval:** $798K
- **Forgiven:** $807K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $798K
- **Utilities:** $1
- **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*