# PPP loan: KRUSE INN WOODWARD, LLC
> **$316K** approved 04/30/2020 · Paid in Full · Loan `6194907303`
## Borrower
- **Name:** KRUSE INN WOODWARD, LLC
- **Address:** 28028 WOODWARD AVE, ROYAL OAK, MI, 48067-0933
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $316K
- **Initial approval:** $316K
- **Forgiven:** $319K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $316K
- **Jobs reported:** 39
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*