PPP Loan information for Psm hotels, llc

$192,500

Psm hotels, llc was initially approved for PPP Loan of amount $192,500, the current approved amount is $192,500. The loan was approved on 04/07/2020 by The Centreville Bank reported 40 jobs and $192,500 was used to fund payroll.

Psm hotels, llc is Existing or more than 2 years old

PSM HOTELS, LLC

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

PSM HOTELS, LLC

Borrower Address

99 Goldstar Highway

Borrower City

GROTON

Borrower State

CT

Borrower Zip

06340

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

192500.00

Current Approval Amount

192500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65795

Servicing Lender Name

Centreville Bank

Servicing Lender Address

1218 Main St

Servicing Lender City

WEST WARWICK

Servicing Lender State

RI

Servicing Lender Zip

02893-4827

Rural Urban Indicator

U

Hubzone Indicator

N

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

06340-0001

CD

CT-02

Jobs Reported

40

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144375.00

Mortgage Interest Proceed

0.00

Rent Proceed

48125.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

65795

Originating Lender

Centreville Bank

Originating Lender City

WEST WARWICK

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194098.82

Forgiveness Date

02/11/2021

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