PPP Loan information for Sumner hotel properties llc

$236,400

Sumner hotel properties llc was initially approved for PPP Loan of amount $236,400, the current approved amount is $236,400. The loan was approved on 02/12/2021 by The Coastal Community Bank reported 18 jobs and $236,400 was used to fund payroll.

Sumner hotel properties llc is Existing or more than 2 years old

SUMNER HOTEL PROPERTIES LLC

Date Approved

02/12/2021

SBA Office Code

1013

Processing Method

PPS

Borrower Name

SUMNER HOTEL PROPERTIES LLC

Borrower Address

1111 Cleveland Ave Ste 201

Borrower City

Mount Vernon

Borrower State

WA

Borrower Zip

98273-4229

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

236400.00

Current Approval Amount

236400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121424

Servicing Lender Name

Coastal Community Bank

Servicing Lender Address

5415 Evergreen Way

Servicing Lender City

EVERETT

Servicing Lender State

WA

Servicing Lender Zip

98203-3646

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Vernon

Project County Name

SKAGIT

Project State

WA

Project Zip

98273-4229

CD

WA-02

Jobs Reported

18

NAICS Code

721110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

236394.00

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

121424

Originating Lender

Coastal Community Bank

Originating Lender City

EVERETT

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

238744.57

Forgiveness Date

02/15/2022

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