PPP Loan information for Rockville motel associates, l.l.c.

$355,474

Rockville motel associates, l.l.c. was initially approved for PPP Loan of amount $355,474, the current approved amount is $355,474. The loan was approved on 01/20/2021 by The Lakeland Bank reported 18 jobs and $355,474 was used to fund payroll.

Rockville motel associates, l.l.c. is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Rockville motel associates, l.l.c.

ROCKVILLE MOTEL ASSOCIATES, L.L.C.

Date Approved

01/20/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

ROCKVILLE MOTEL ASSOCIATES, L.L.C.

Borrower Address

1251 W Montgomery Ave

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850-3133

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

355474.00

Current Approval Amount

355474.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-3133

CD

MD-08

Jobs Reported

18

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

355471.00

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

360124.78

Forgiveness Date

05/19/2022

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