PPP Loan information for Loretto hotel investment, llc

$1,018,832

Loretto hotel investment, llc was initially approved for PPP Loan of amount $1,018,832, the current approved amount is $1,018,832. The loan was approved on 04/10/2020 by The Washington Federal Bank reported 131 jobs and $1,018,832 was used to fund payroll.

Loretto hotel investment, llc is Existing or more than 2 years old

LORETTO HOTEL INVESTMENT, LLC

Date Approved

04/10/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

LORETTO HOTEL INVESTMENT, LLC

Borrower Address

211 Old Santa Fe Trail

Borrower City

SANTA FE

Borrower State

NM

Borrower Zip

87501

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1018831.67

Current Approval Amount

1018831.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78418

Servicing Lender Name

Washington Federal Bank

Servicing Lender Address

425 Pike St

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101-3902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SANTA FE

Project County Name

SANTA FE

Project State

NM

Project Zip

87501-0001

CD

NM-03

Jobs Reported

131

NAICS Code

721110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

254707.92

Payroll Proceed

764123.75

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

78418

Originating Lender

Washington Federal Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1030378.43

Forgiveness Date

06/04/2021

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