PPP Loan information for Hospitality management group llc

$95,800

Hospitality management group llc was initially approved for PPP Loan of amount $95,800, the current approved amount is $95,800. The loan was approved on 04/16/2020 by The Sandy Spring Bank reported 35 jobs and $95,800 was used to fund payroll.

Hospitality management group llc is Existing or more than 2 years old

HOSPITALITY MANAGEMENT GROUP LLC

Date Approved

04/16/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HOSPITALITY MANAGEMENT GROUP LLC

Borrower Address

1709 Edgewood Road

Borrower City

EDGEWOOD

Borrower State

MD

Borrower Zip

21040

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95800.00

Current Approval Amount

95800.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

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

EDGEWOOD

Project County Name

HARFORD

Project State

MD

Project Zip

21040-0001

CD

MD-01

Jobs Reported

35

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

23950.00

Payroll Proceed

71850.00

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

Unanswered

Non Profit

Forgiveness Amount

96721.25

Forgiveness Date

04/15/2021

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