PPP Loan information for Hotel at 45 llc

$217,650

Hotel at 45 llc was initially approved for PPP Loan of amount $217,650, the current approved amount is $217,650. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 32 jobs and $217,650 was used to fund payroll.

Hotel at 45 llc is New Business or 2 years or less

PPP Loan Search / MD / Ocean City / Hotel at 45 llc

HOTEL AT 45 LLC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

HOTEL AT 45 LLC

Borrower Address

9919 Stephen Decatur Hwy

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

217650.00

Current Approval Amount

217650.00

Undisbursed Amount

0.00

Franchise Name

Sheraton

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-1100

CD

MD-01

Jobs Reported

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15000.00

Payroll Proceed

150000.00

Mortgage Interest Proceed

35000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

13500.00

Debt Interest Proceed

4150

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220607.65

Forgiveness Date

09/02/2021

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