PPP Loan information for Wellington hotel owners association

$170,540

Wellington hotel owners association was initially approved for PPP Loan of amount $170,540, the current approved amount is $170,540. The loan was approved on 04/28/2020 by The Santander Bank, National Association reported 19 jobs and $170,540 was used to fund payroll.

Wellington hotel owners association is Existing or more than 2 years old

WELLINGTON HOTEL OWNERS ASSOCIATION

Date Approved

04/28/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

WELLINGTON HOTEL OWNERS ASSOCIATION

Borrower Address

551 Thames Street

Borrower City

Newport

Borrower State

RI

Borrower Zip

02840

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

170540.00

Current Approval Amount

170540.00

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

02840-0001

CD

RI-01

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

170540.00

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

172815.42

Forgiveness Date

09/01/2021

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