PPP Loan information for Waring hotels

$814,102

Waring hotels was initially approved for PPP Loan of amount $814,102, the current approved amount is $814,102. The loan was approved on 04/10/2020 by The Community Bank of the Chesapeake reported 165 jobs and $814,102 was used to fund payroll.

Waring hotels is Existing or more than 2 years old

WARING HOTELS

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

WARING HOTELS

Borrower Address

21027 Great Mills Rd

Borrower City

LEXINGTON PARK

Borrower State

MD

Borrower Zip

20653-4344

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

814102.00

Current Approval Amount

814102.00

Undisbursed Amount

0.00

Franchise Name

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

LEXINGTON PARK

Project County Name

SAINT MARYS

Project State

MD

Project Zip

20653-4344

CD

MD-05

Jobs Reported

165

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

814102.00

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

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

823625.88

Forgiveness Date

06/22/2021

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