# PPP loan: FENTON HOSPITALITY, INC.
> **$158K** approved 04/08/2020 · Paid in Full · Loan `7761007001`
## Borrower
- **Name:** FENTON HOSPITALITY, INC.
- **Address:** 7734 SOMERHILL LN, CLARKSTON, MI, 48348-4383
- **NAICS:** 722513
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $158K
- **Initial approval:** $158K
- **Forgiven:** $160K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $129K
- **Mortgage interest:** $11K
- **Utilities:** $18K
- **Jobs reported:** 20
## Lender
- **Originating:** Waterford Bank, National Association
- **Servicing:** Waterford Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*