# PPP loan: DETROIT CBD HOTEL LLC
> **$335K** approved 04/28/2020 · Paid in Full · Loan `6976197200`
## Borrower
- **Name:** DETROIT CBD HOTEL LLC
- **Address:** 1020 WASHINGTON BLVD, DETROIT, MI, 48226-2613
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $335K
- **Initial approval:** $335K
- **Forgiven:** $319K (95%)
- **Forgiveness date:** 06/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $335K
- **Jobs reported:** 81
## Lender
- **Originating:** Cambridge Savings Bank
- **Servicing:** Cambridge Savings Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*