PPP Loan information for Bpg hotel partners iv llc

$598,300

Bpg hotel partners iv llc was initially approved for PPP Loan of amount $598,300, the current approved amount is $598,300. The loan was approved on 03/01/2021 by The Mid Penn Bank reported 42 jobs and $598,300 was used to fund payroll.

Bpg hotel partners iv llc is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Bpg hotel partners iv llc

BPG HOTEL PARTNERS IV LLC

Date Approved

03/01/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

BPG HOTEL PARTNERS IV LLC

Borrower Address

654 S College Ave

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713-1315

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

598300.00

Current Approval Amount

598300.00

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-1315

CD

DE-

Jobs Reported

42

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

598297.00

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

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

603069.78

Forgiveness Date

12/16/2021

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