PPP Loan information for Newport hotel associates llc

$187,364

Newport hotel associates llc was initially approved for PPP Loan of amount $187,364, the current approved amount is $187,364. The loan was approved on 01/28/2021 by The Live Oak Banking Company reported 22 jobs and $187,364 was used to fund payroll.

Newport hotel associates llc is Existing or more than 2 years old

PPP Loan Search / OR / Newport / Newport hotel associates llc

NEWPORT HOTEL ASSOCIATES LLC

Date Approved

01/28/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

NEWPORT HOTEL ASSOCIATES LLC

Borrower Address

232 SW Elizabeth St

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-5033

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187364.00

Current Approval Amount

187364.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-5033

CD

OR-04

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

187364.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189237.64

Forgiveness Date

02/10/2022

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