PPP Loan information for Mcsam baltimore hotel llc

$1,796,970

Mcsam baltimore hotel llc was initially approved for PPP Loan of amount $1,796,970, the current approved amount is $1,796,970. The loan was approved on 02/04/2021 by The Hanover Community Bank reported 100 jobs and $1,796,970 was used to fund payroll.

Mcsam baltimore hotel llc is Existing or more than 2 years old

MCSAM BALTIMORE HOTEL LLC

Date Approved

02/04/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

MCSAM BALTIMORE HOTEL LLC

Borrower Address

101 W Fayette St

Borrower City

Baltimore

Borrower State

MD

Borrower Zip

21201-3757

Loan Status Date

04/15/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1796969.96

Current Approval Amount

1796969.96

Undisbursed Amount

0.00

Franchise Name

Radisson

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Baltimore

Project County Name

BALTIMORE CITY

Project State

MD

Project Zip

21201-3757

CD

MD-07

Jobs Reported

100

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1796963.96

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1835355.23

Forgiveness Date

03/29/2023

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