PPP Loan information for Porter square hotel llc

$180,000

Porter square hotel llc was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 04/07/2020 by The South Shore Bank reported 36 jobs and $180,000 was used to fund payroll.

Porter square hotel llc is Existing or more than 2 years old

PPP Loan Search / MA / CAMBRIDGE / Porter square hotel llc

PORTER SQUARE HOTEL LLC

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PORTER SQUARE HOTEL LLC

Borrower Address

1924 MASSACHUSETTS AVE

Borrower City

CAMBRIDGE

Borrower State

MA

Borrower Zip

02140-2102

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33475

Servicing Lender Name

South Shore Bank

Servicing Lender Address

1530 Main St

Servicing Lender City

WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02190-1310

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02140-2102

CD

MA-05

Jobs Reported

36

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

180000.00

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

33475

Originating Lender

South Shore Bank

Originating Lender City

WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181425.00

Forgiveness Date

01/27/2021

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