PPP Loan information for Procaccianti hotel reit l.p.

$405,605

Procaccianti hotel reit l.p. was initially approved for PPP Loan of amount $405,605, the current approved amount is $405,605. The loan was approved on 02/13/2021 by The Rockland Trust Company reported 54 jobs and $405,605 was used to fund payroll.

Procaccianti hotel reit l.p. is Existing or more than 2 years old

PROCACCIANTI HOTEL REIT L.P.

Date Approved

02/13/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

PROCACCIANTI HOTEL REIT L.P.

Borrower Address

1140 Reservoir Ave

Borrower City

Cranston

Borrower State

RI

Borrower Zip

02920-6032

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405604.50

Current Approval Amount

405604.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranston

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02920-6032

CD

RI-02

Jobs Reported

54

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

405599.50

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

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

410652.02

Forgiveness Date

05/12/2022

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