PPP Loan information for Ace hotel new orleans

$2,000,000

Ace hotel new orleans was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The First Horizon Bank reported 247 jobs and $2,000,000 was used to fund payroll.

Ace hotel new orleans is Existing or more than 2 years old

PPP Loan Search / LA / New Orleans / Ace hotel new orleans

ACE HOTEL NEW ORLEANS

Date Approved

03/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ACE HOTEL NEW ORLEANS

Borrower Address

600 Carondelet St

Borrower City

New Orleans

Borrower State

LA

Borrower Zip

70130-3504

Loan Status Date

08/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Orleans

Project County Name

ORLEANS

Project State

LA

Project Zip

70130-3504

CD

LA-02

Jobs Reported

247

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2024666.67

Forgiveness Date

06/13/2022

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