PPP Loan information for Albany mid-town hotel llc

$481,954

Albany mid-town hotel llc was initially approved for PPP Loan of amount $481,954, the current approved amount is $481,954. The loan was approved on 01/22/2021 by The Chemung Canal Trust Company reported 19 jobs and $481,954 was used to fund payroll.

Albany mid-town hotel llc is Existing or more than 2 years old

ALBANY MID-TOWN HOTEL LLC

Date Approved

01/22/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

ALBANY MID-TOWN HOTEL LLC

Borrower Address

62 New Scotland Ave

Borrower City

Albany

Borrower State

NY

Borrower Zip

12208-3466

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

481953.50

Current Approval Amount

481953.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47180

Servicing Lender Name

Chemung Canal Trust Company

Servicing Lender Address

One Chemung Canal Plz

Servicing Lender City

ELMIRA

Servicing Lender State

NY

Servicing Lender Zip

14901-3408

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albany

Project County Name

ALBANY

Project State

NY

Project Zip

12208-3466

CD

NY-20

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

481948.50

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

47180

Originating Lender

Chemung Canal Trust Company

Originating Lender City

ELMIRA

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

487014.01

Forgiveness Date

02/16/2022

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