PPP Loan information for Solomons inn joint venture

$464,884

Solomons inn joint venture was initially approved for PPP Loan of amount $464,884, the current approved amount is $464,884. The loan was approved on 04/11/2020 by The Community Bank of the Chesapeake reported 97 jobs and $464,884 was used to fund payroll.

Solomons inn joint venture is Existing or more than 2 years old

PPP Loan Search / MD / SOLOMONS / Solomons inn joint venture

SOLOMONS INN JOINT VENTURE

Date Approved

04/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SOLOMONS INN JOINT VENTURE

Borrower Address

155 Holiday Drive

Borrower City

SOLOMONS

Borrower State

MD

Borrower Zip

20688-3150

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

464884.25

Current Approval Amount

464884.25

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

121705

Servicing Lender Name

Community Bank of the Chesapeake

Servicing Lender Address

3035 Leonardtown Rd PO Box 38

Servicing Lender City

Waldorf

Servicing Lender State

MD

Servicing Lender Zip

20601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOLOMONS

Project County Name

CALVERT

Project State

MD

Project Zip

20688-3150

CD

MD-05

Jobs Reported

97

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

464884.25

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

Corporation

Originating Lender Location Id

121705

Originating Lender

Community Bank of the Chesapeake

Originating Lender City

Waldorf

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

468998.16

Forgiveness Date

03/11/2021

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