PPP Loan information for Lbv hotel llc

$2,000,000

Lbv hotel 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 03/15/2021 by The Meridian Bank reported 112 jobs and $2,000,000 was used to fund payroll.

Lbv hotel llc is Existing or more than 2 years old

LBV HOTEL LLC

Date Approved

03/15/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

LBV HOTEL LLC

Borrower Address

154 Berkeley St

Borrower City

Boston

Borrower State

MA

Borrower Zip

02116-5107

Loan Status Date

05/18/2022

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

378591

Servicing Lender Name

Meridian Bank

Servicing Lender Address

9 Old Lincoln Hwy

Servicing Lender City

MALVERN

Servicing Lender State

PA

Servicing Lender Zip

19355-2551

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02116-5107

CD

MA-07

Jobs Reported

112

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

378591

Originating Lender

Meridian Bank

Originating Lender City

MALVERN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020273.97

Forgiveness Date

03/25/2022

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