PPP Loan information for Grace hospitality associates inc

$145,800

Grace hospitality associates inc was initially approved for PPP Loan of amount $145,800, the current approved amount is $145,800. The loan was approved on 01/21/2021 by The Kennebec Savings Bank reported 7 jobs and $145,800 was used to fund payroll.

Grace hospitality associates inc is Existing or more than 2 years old

PPP Loan Search / ME / Augusta / Grace hospitality associates inc

GRACE HOSPITALITY ASSOCIATES INC

Date Approved

01/21/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

GRACE HOSPITALITY ASSOCIATES INC

Borrower Address

65 Whitten Rd

Borrower City

Augusta

Borrower State

ME

Borrower Zip

04330-6018

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

145800.00

Current Approval Amount

145800.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

29386

Servicing Lender Name

Kennebec Savings Bank

Servicing Lender Address

150 State St

Servicing Lender City

AUGUSTA

Servicing Lender State

ME

Servicing Lender Zip

04330-7418

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Augusta

Project County Name

KENNEBEC

Project State

ME

Project Zip

04330-6018

CD

ME-02

Jobs Reported

7

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

145794.00

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

Corporation

Originating Lender Location Id

29386

Originating Lender

Kennebec Savings Bank

Originating Lender City

AUGUSTA

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146646.84

Forgiveness Date

08/27/2021

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