PPP Loan information for Lafrance hospitality corp.

$247,405

Lafrance hospitality corp. was initially approved for PPP Loan of amount $247,405, the current approved amount is $247,405. The loan was approved on 01/21/2021 by The BayCoast Bank reported 18 jobs and $247,405 was used to fund payroll.

Lafrance hospitality corp. is Existing or more than 2 years old

PPP Loan Search / MA / Westport / Lafrance hospitality corp.

LAFRANCE HOSPITALITY CORP.

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LAFRANCE HOSPITALITY CORP.

Borrower Address

53 Old Bedford Rd

Borrower City

Westport

Borrower State

MA

Borrower Zip

02790-3504

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

247404.50

Current Approval Amount

247404.50

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westport

Project County Name

BRISTOL

Project State

MA

Project Zip

02790-3504

CD

MA-09

Jobs Reported

18

NAICS Code

721110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

247398.50

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

Subchapter S Corporation

Originating Lender Location Id

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

249376.86

Forgiveness Date

11/15/2021

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