PPP Loan information for Ruddertowne hotel llc

$484,270

Ruddertowne hotel llc was initially approved for PPP Loan of amount $484,270, the current approved amount is $484,270. The loan was approved on 02/10/2021 by The Manufacturers and Traders Trust Company reported 69 jobs and $484,270 was used to fund payroll.

Ruddertowne hotel llc is Existing or more than 2 years old

RUDDERTOWNE HOTEL LLC

Date Approved

02/10/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

RUDDERTOWNE HOTEL LLC

Borrower Address

405 Marsh Ln Ste 1

Borrower City

Newport

Borrower State

DE

Borrower Zip

19804-2445

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

484270.00

Current Approval Amount

484270.00

Undisbursed Amount

0.00

Franchise Name

Hyatt Place

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19804-2445

CD

DE-

Jobs Reported

69

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

484265.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

489908.76

Forgiveness Date

04/14/2022

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