PPP Loan information for Morgans hotel group management llc

$2,796,012

Morgans hotel group management llc was initially approved for PPP Loan of amount $2,796,012, the current approved amount is $2,796,012. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 305 jobs and $2,796,012 was used to fund payroll.

Morgans hotel group management llc is Existing or more than 2 years old

PPP Loan Search / FL / Miami Beach / Morgans hotel group management llc

MORGANS HOTEL GROUP MANAGEMENT LLC

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MORGANS HOTEL GROUP MANAGEMENT LLC

Borrower Address

1685 Collins Ave 0.0

Borrower City

Miami Beach

Borrower State

FL

Borrower Zip

33139-3136

Loan Status Date

01/21/2022

Loan Status

Charged Off

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

2796012.00

Current Approval Amount

2796012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami Beach

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33139-3136

CD

FL-24

Jobs Reported

305

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

91496.00

Payroll Proceed

2097010.00

Mortgage Interest Proceed

387414.00

Rent Proceed

5932.00

Refinance EIDL Proceed

0.00

Health Care Proceed

214160.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;