PPP Loan information for Psm hotels llc

$308,460

Psm hotels llc was initially approved for PPP Loan of amount $308,460, the current approved amount is $308,460. The loan was approved on 02/20/2021 by The BayCoast Bank reported 40 jobs and $308,460 was used to fund payroll.

Psm hotels llc is Existing or more than 2 years old

PPP Loan Search / CT / Groton / Psm hotels llc

PSM HOTELS LLC

Date Approved

02/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PSM HOTELS LLC

Borrower Address

135 Gold Star Hwy

Borrower City

Groton

Borrower State

CT

Borrower Zip

06340-3443

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

308460.00

Current Approval Amount

308460.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Groton

Project County Name

NEW LONDON

Project State

CT

Project Zip

06340-3443

CD

CT-02

Jobs Reported

40

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

308455.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

310053.71

Forgiveness Date

09/28/2021

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