# PPP loan: TROY HOTELS, INC.
> **$217K** approved 04/13/2020 · Paid in Full · Loan `5331847105`
## Borrower
- **Name:** TROY HOTELS, INC.
- **Address:** 325 STEPHENSON HWY, TROY, MI, 48083-1107
- **NAICS:** 721110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $217K
- **Initial approval:** $217K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Jobs reported:** 43
## Lender
- **Originating:** First National Bank of Michigan
- **Servicing:** First National Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*