PPP Loan information for Ruddertowne hotel, llc

$302,157

Ruddertowne hotel, llc was initially approved for PPP Loan of amount $302,157, the current approved amount is $302,157. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 30 jobs and $302,157 was used to fund payroll.

Ruddertowne hotel, llc is Existing or more than 2 years old

RUDDERTOWNE HOTEL, LLC

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

RUDDERTOWNE HOTEL, LLC

Borrower Address

405 East Marsh Lane

Borrower City

Newport

Borrower State

DE

Borrower Zip

19804

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

302157.00

Current Approval Amount

302157.00

Undisbursed Amount

0.00

Franchise Name

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

N

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

19804-0001

CD

DE-

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

54157.00

Payroll Proceed

224000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24000.00

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

304905.39

Forgiveness Date

03/22/2021

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