PPP Loan information for 25 america's cup avenue newport llc

$1,687,500

25 america's cup avenue newport llc was initially approved for PPP Loan of amount $1,813,300, the current approved amount is $1,687,500. The loan was approved on 04/10/2020 by The East West Bank reported 170 jobs and $1,687,500 was used to fund payroll.

25 america's cup avenue newport llc is Existing or more than 2 years old

25 AMERICA'S CUP AVENUE NEWPORT LLC

Date Approved

04/10/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

25 AMERICA'S CUP AVENUE NEWPORT LLC

Borrower Address

140 East 45TH ST, 29th Floor

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10017-3144

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1813300.00

Current Approval Amount

1687500.00

Undisbursed Amount

0.00

Franchise Name

Marriott/JW Marriott

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW YORK

Project County Name

NEW YORK

Project State

NY

Project Zip

10017-3144

CD

NY-12

Jobs Reported

170

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1687500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1587874.02

Forgiveness Date

10/06/2021

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