# PPP loan: MOTOR CITY HOTEL LLC
> **$551K** approved 02/17/2021 · Paid in Full · Loan `9403898408`
## Borrower
- **Name:** MOTOR CITY HOTEL LLC
- **Address:** 2300 Featherstone Rd, Auburn Hills, MI, 48326-2851
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $551K
- **Initial approval:** $551K
- **Forgiven:** $559K (101%)
- **Forgiveness date:** 06/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $551K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Stock Yards Bank & Trust Company
- **Servicing:** Stock Yards Bank & Trust Company (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*