PPP Loan information for Metronorth hotel llc

$423,445

Metronorth hotel llc was initially approved for PPP Loan of amount $423,445, the current approved amount is $423,445. The loan was approved on 04/08/2020 by The Cambridge Savings Bank reported 47 jobs and $423,445 was used to fund payroll.

Metronorth hotel llc is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Metronorth hotel llc

METRONORTH HOTEL LLC

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METRONORTH HOTEL LLC

Borrower Address

300 PRESIDENTIAL WAY

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-5139

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

423445.00

Current Approval Amount

423445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-5139

CD

MA-05

Jobs Reported

47

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

105861.25

Payroll Proceed

317583.75

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

426032.07

Forgiveness Date

11/27/2020

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