PPP Loan information for Lic hotel property llc

$405,041

Lic hotel property llc was initially approved for PPP Loan of amount $405,041, the current approved amount is $405,041. The loan was approved on 03/29/2021 by The Ponce Bank reported 40 jobs and $405,041 was used to fund payroll.

Lic hotel property llc is Existing or more than 2 years old

PPP Loan Search / NY / Long Island City / Lic hotel property llc

LIC HOTEL PROPERTY LLC

Date Approved

03/29/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

LIC HOTEL PROPERTY LLC

Borrower Address

3906 30th St

Borrower City

Long Island City

Borrower State

NY

Borrower Zip

11101-2806

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405041.00

Current Approval Amount

405041.00

Undisbursed Amount

0.00

Franchise Name

Home2 Suites by Hilton

Servicing Lender Location Id

88717

Servicing Lender Name

Ponce Bank

Servicing Lender Address

2244 Westchester Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10462-5010

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Long Island City

Project County Name

QUEENS

Project State

NY

Project Zip

11101-2806

CD

NY-07

Jobs Reported

40

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

405041.00

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

88717

Originating Lender

Ponce Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

408869.47

Forgiveness Date

03/14/2022

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