PPP Loan information for Commerce center hotel opco, llc

$433,900

Commerce center hotel opco, llc was initially approved for PPP Loan of amount $433,900, the current approved amount is $433,900. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 77 jobs and $433,900 was used to fund payroll.

Commerce center hotel opco, llc is New Business or 2 years or less

PPP Loan Search / CO / COLORADO SPRINGS / Commerce center hotel opco, llc

COMMERCE CENTER HOTEL OPCO, LLC

Date Approved

04/08/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

COMMERCE CENTER HOTEL OPCO, LLC

Borrower Address

7290 COMMERCE CENTER DR

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80919-2629

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

433900.00

Current Approval Amount

433900.00

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80919-2629

CD

CO-05

Jobs Reported

77

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

433900.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

437549.52

Forgiveness Date

02/18/2021

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