PPP Loan information for Methuen hospitality llc

$85,200

Methuen hospitality llc was initially approved for PPP Loan of amount $85,200, the current approved amount is $85,200. The loan was approved on 04/14/2020 by The South Shore Bank reported 19 jobs and $85,200 was used to fund payroll.

Methuen hospitality llc is Existing or more than 2 years old

METHUEN HOSPITALITY LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METHUEN HOSPITALITY LLC

Borrower Address

159 PELHAM ST

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844-1567

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85200.00

Current Approval Amount

85200.00

Undisbursed Amount

0.00

Franchise Name

Days Inn by Wyndham

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-1567

CD

MA-03

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85200.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85862.67

Forgiveness Date

01/26/2021

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