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
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
Project County Name
NEW LONDON
Project State
Project Zip
06340-0001
CD
CT-02
Jobs Reported
40
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
144375.00
Mortgage Interest Proceed
Rent Proceed
48125.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
194098.82
Forgiveness Date
02/11/2021