PPP Loan information for Phoenix park hotel operating llc

$875,000

Phoenix park hotel operating llc was initially approved for PPP Loan of amount $875,000, the current approved amount is $875,000. The loan was approved on 04/06/2020 by The United Bank reported 69 jobs and $875,000 was used to fund payroll.

Phoenix park hotel operating llc is Existing or more than 2 years old

PHOENIX PARK HOTEL OPERATING LLC

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PHOENIX PARK HOTEL OPERATING LLC

Borrower Address

520 North Capitol Street NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20001-1510

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

875000.00

Current Approval Amount

875000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20001-1510

CD

DC-

Jobs Reported

69

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

875000.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

884576.39

Forgiveness Date

05/19/2021

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