# PPP loan: SOUTH LYON HOTEL INC.
> **$219K** approved 01/25/2021 · Paid in Full · Loan `5744688306`
## Borrower
- **Name:** SOUTH LYON HOTEL INC.
- **Address:** 201 N Lafayette St, South Lyon, MI, 48178-1212
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $219K
- **Initial approval:** $219K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 12/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $219K
- **Utilities:** $1
- **Jobs reported:** 39
## Lender
- **Originating:** Huron Valley State Bank
- **Servicing:** Huron Valley State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*