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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
PROVIDENCE
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
410652.02
Forgiveness Date
05/12/2022