PPP Loan information for Wellington hotel assoc

$240,506

Wellington hotel assoc was initially approved for PPP Loan of amount $240,506, the current approved amount is $240,506. The loan was approved on 03/20/2021 by The Santander Bank, National Association reported 19 jobs and $240,506 was used to fund payroll.

Wellington hotel assoc is Existing or more than 2 years old

PPP Loan Search / RI / Newport / Wellington hotel assoc

WELLINGTON HOTEL ASSOC

Date Approved

03/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

WELLINGTON HOTEL ASSOC

Borrower Address

551 Thames St

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840-6709

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

240506.00

Current Approval Amount

240506.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

NEWPORT

Project State

RI

Project Zip

02840-6709

CD

RI-01

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

240502.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

242252.14

Forgiveness Date

12/14/2021

;