PPP Loan information for Gateway east hotel opco llc

$313,400

Gateway east hotel opco llc was initially approved for PPP Loan of amount $313,400, the current approved amount is $313,400. The loan was approved on 04/08/2020 by The CIBC Bank USA reported 48 jobs and $313,400 was used to fund payroll.

Gateway east hotel opco llc is New Business or 2 years or less

GATEWAY EAST HOTEL OPCO LLC

Date Approved

04/08/2020

SBA Office Code

0677

Processing Method

PPP

Borrower Name

GATEWAY EAST HOTEL OPCO LLC

Borrower Address

6100 GATEWAY BLVD E.

Borrower City

EL PASO

Borrower State

TX

Borrower Zip

79905-2004

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313400.00

Current Approval Amount

313400.00

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EL PASO

Project County Name

EL PASO

Project State

TX

Project Zip

79905-2004

CD

TX-16

Jobs Reported

48

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

313400.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

316035.99

Forgiveness Date

02/18/2021

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