PPP Loan information for Waring hotels inc.

$1,063,254

Waring hotels inc. was initially approved for PPP Loan of amount $1,063,254, the current approved amount is $1,063,254. The loan was approved on 01/27/2021 by The Community Bank of the Chesapeake reported 123 jobs and $1,063,254 was used to fund payroll.

Waring hotels inc. is Existing or more than 2 years old

PPP Loan Search / MD / Lexington Park / Waring hotels inc.

WARING HOTELS INC.

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

WARING HOTELS INC.

Borrower Address

21027 Great Mills Rd

Borrower City

Lexington Park

Borrower State

MD

Borrower Zip

20653-4344

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1063254.00

Current Approval Amount

1063254.00

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

123

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1063252.00

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

1072954.37

Forgiveness Date

01/04/2022

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