PPP Loan information for Portland hotel operators, inc.

$102,000

Portland hotel operators, inc. was initially approved for PPP Loan of amount $102,000, the current approved amount is $102,000. The loan was approved on 04/09/2020 by The Northway Bank reported 21 jobs and $102,000 was used to fund payroll.

Portland hotel operators, inc. is Existing or more than 2 years old

PPP Loan Search / ME / WESTBROOK / Portland hotel operators, inc.

PORTLAND HOTEL OPERATORS, INC.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

PORTLAND HOTEL OPERATORS, INC.

Borrower Address

208 LARRABEE RD

Borrower City

WESTBROOK

Borrower State

ME

Borrower Zip

04092-4751

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102000.00

Current Approval Amount

102000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTBROOK

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-4751

CD

ME-01

Jobs Reported

21

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11995.00

Payroll Proceed

76500.00

Mortgage Interest Proceed

13340.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

165

Business Type

Corporation

Originating Lender Location Id

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103116.33

Forgiveness Date

05/20/2021

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