PPP Loan information for Ace hotel portland llc

$587,580

Ace hotel portland llc was initially approved for PPP Loan of amount $587,580, the current approved amount is $587,580. The loan was approved on 02/20/2021 by The Umpqua Bank reported 57 jobs and $587,580 was used to fund payroll.

Ace hotel portland llc is Existing or more than 2 years old

ACE HOTEL PORTLAND LLC

Date Approved

02/20/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

ACE HOTEL PORTLAND LLC

Borrower Address

1022 SW Harvey Milk St

Borrower City

Portland

Borrower State

OR

Borrower Zip

97205-2610

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

587580.00

Current Approval Amount

587580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

MULTNOMAH

Project State

OR

Project Zip

97205-2610

CD

OR-01

Jobs Reported

57

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

587576.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

356104.16

Forgiveness Date

03/07/2022

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