PPP Loan information for Second avenue hotel less

$502,662

Second avenue hotel less was initially approved for PPP Loan of amount $502,662, the current approved amount is $502,662. The loan was approved on 01/21/2021 by The Eastern Bank reported 41 jobs and $502,662 was used to fund payroll.

Second avenue hotel less is Existing or more than 2 years old

SECOND AVENUE HOTEL LESS

Date Approved

01/21/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SECOND AVENUE HOTEL LESS

Borrower Address

250 2nd Ave

Borrower City

Waltham

Borrower State

MA

Borrower Zip

02451-1102

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

502662.12

Current Approval Amount

502662.12

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Waltham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02451-1102

CD

MA-05

Jobs Reported

41

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

502656.12

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

508135.55

Forgiveness Date

02/25/2022

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