PPP Loan information for Federal center hotel associates llc

$2,000,000

Federal center hotel associates llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/19/2021 by The The National Capital Bank of Washington reported 220 jobs and $2,000,000 was used to fund payroll.

Federal center hotel associates llc is Existing or more than 2 years old

FEDERAL CENTER HOTEL ASSOCIATES LLC

Date Approved

01/19/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

FEDERAL CENTER HOTEL ASSOCIATES LLC

Borrower Address

7101 Wisconsin Ave Ste 700

Borrower City

Bethesda

Borrower State

MD

Borrower Zip

20814-4814

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

16812

Servicing Lender Name

The National Capital Bank of Washington

Servicing Lender Address

316 Pennsylvania Ave SE

Servicing Lender City

WASHINGTON

Servicing Lender State

DC

Servicing Lender Zip

20003-1146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethesda

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-4814

CD

MD-08

Jobs Reported

220

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

16812

Originating Lender

The National Capital Bank of Washington

Originating Lender City

WASHINGTON

Originating Lender State

DC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1728154.84

Forgiveness Date

09/29/2022

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