PPP Loan information for Schermerhorn hotel llc

$276,384

Schermerhorn hotel llc was initially approved for PPP Loan of amount $276,384, the current approved amount is $276,384. The loan was approved on 01/21/2021 by The East West Bank reported 16 jobs and $276,384 was used to fund payroll.

Schermerhorn hotel llc is Existing or more than 2 years old

SCHERMERHORN HOTEL LLC

Date Approved

01/21/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

SCHERMERHORN HOTEL LLC

Borrower Address

300 Schermerhorn St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11217-1005

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276384.00

Current Approval Amount

276384.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

119918

Servicing Lender Name

East West Bank

Servicing Lender Address

135 N Los Robles Ave, 7th Fl

Servicing Lender City

PASADENA

Servicing Lender State

CA

Servicing Lender Zip

91101-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11217-1005

CD

NY-10

Jobs Reported

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

276378.00

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

119918

Originating Lender

East West Bank

Originating Lender City

PASADENA

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

278848.42

Forgiveness Date

12/09/2021

;