PPP Loan information for Excel holdings 16 llc

$247,367

Excel holdings 16 llc was initially approved for PPP Loan of amount $247,367, the current approved amount is $247,367. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 37 jobs and $247,367 was used to fund payroll.

Excel holdings 16 llc is New Business or 2 years or less

EXCEL HOLDINGS 16 LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

EXCEL HOLDINGS 16 LLC

Borrower Address

1621 North KENT ST Suite 115

Borrower City

ARLINGTON

Borrower State

VA

Borrower Zip

22209-2131

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247367.00

Current Approval Amount

247367.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ARLINGTON

Project County Name

ARLINGTON

Project State

VA

Project Zip

22209-2131

CD

VA-08

Jobs Reported

37

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247367.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

250498.06

Forgiveness Date

08/02/2021

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