PPP Loan information for Hospitality development company iii llc

$273,554

Hospitality development company iii llc was initially approved for PPP Loan of amount $273,554, the current approved amount is $273,554. The loan was approved on 03/08/2021 by The Sandy Spring Bank reported 26 jobs and $273,554 was used to fund payroll.

Hospitality development company iii llc is Existing or more than 2 years old

HOSPITALITY DEVELOPMENT COMPANY III LLC

Date Approved

03/08/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

HOSPITALITY DEVELOPMENT COMPANY III LLC

Borrower Address

8850 Columbia 100 Pkwy Ste 212

Borrower City

Columbia

Borrower State

MD

Borrower Zip

21045-2376

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

273554.00

Current Approval Amount

273554.00

Undisbursed Amount

0.00

Franchise Name

Marriott/JW Marriott

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

Existing or more than 2 years old

Project City

Columbia

Project County Name

HOWARD

Project State

MD

Project Zip

21045-2376

CD

MD-03

Jobs Reported

26

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

273552.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

275247.79

Forgiveness Date

10/22/2021

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