PPP Loan information for Hospitality development company iii, llc

$197,200

Hospitality development company iii, llc was initially approved for PPP Loan of amount $197,200, the current approved amount is $197,200. The loan was approved on 04/09/2020 by The Sandy Spring Bank reported 27 jobs and $197,200 was used to fund payroll.

Hospitality development company iii, llc is Existing or more than 2 years old

HOSPITALITY DEVELOPMENT COMPANY III, LLC

Date Approved

04/09/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HOSPITALITY DEVELOPMENT COMPANY III, LLC

Borrower Address

8850 Columbia 100 Pkwy Suite 212

Borrower City

COLUMBIA

Borrower State

MD

Borrower Zip

21045-2135

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

197200.00

Current Approval Amount

197200.00

Undisbursed Amount

0.00

Franchise Name

Courtyard by Marriott

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA

Project County Name

HOWARD

Project State

MD

Project Zip

21045-2135

CD

MD-03

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

197200.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198950.49

Forgiveness Date

03/11/2021

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