PPP Loan information for Hotel acquisitions i llc

$187,580

Hotel acquisitions i llc was initially approved for PPP Loan of amount $187,580, the current approved amount is $187,580. The loan was approved on 02/03/2021 by The Massachusetts Institute of Tech FCU reported 27 jobs and $187,580 was used to fund payroll.

Hotel acquisitions i llc is Existing or more than 2 years old

HOTEL ACQUISITIONS I LLC

Date Approved

02/03/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

HOTEL ACQUISITIONS I LLC

Borrower Address

4640 Murray Pl

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24502-2236

Loan Status Date

06/24/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187579.60

Current Approval Amount

187579.60

Undisbursed Amount

0.00

Franchise Name

Courtyard by Marriott

Servicing Lender Location Id

98408

Servicing Lender Name

Massachusetts Institute of Tech FCU

Servicing Lender Address

70 Westview St

Servicing Lender City

LEXINGTON

Servicing Lender State

MA

Servicing Lender Zip

02421-3142

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-2236

CD

VA-05

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

187579.60

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

98408

Originating Lender

Massachusetts Institute of Tech FCU

Originating Lender City

LEXINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

189018.57

Forgiveness Date

11/17/2021

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