PPP Loan information for Hotel madison, llc

$814,000

Hotel madison, llc was initially approved for PPP Loan of amount $814,000, the current approved amount is $814,000. The loan was approved on 04/06/2020 by The United Bank reported 107 jobs and $814,000 was used to fund payroll.

Hotel madison, llc is Existing or more than 2 years old

HOTEL MADISON, LLC

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

HOTEL MADISON, LLC

Borrower Address

9108 Gaither Road

Borrower City

GAITHERSBURG

Borrower State

MD

Borrower Zip

20877-1422

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

814000.00

Current Approval Amount

814000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GAITHERSBURG

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20877-1422

CD

MD-06

Jobs Reported

107

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

814000.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

822773.11

Forgiveness Date

05/13/2021

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