PPP Loan information for Setai hotel acquisition llc

$2,000,000

Setai hotel acquisition llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/27/2021 by The HSBC Bank USA, National Association reported 265 jobs and $2,000,000 was used to fund payroll.

Setai hotel acquisition llc is Existing or more than 2 years old

PPP Loan Search / FL / Miami Beach / Setai hotel acquisition llc

SETAI HOTEL ACQUISITION LLC

Date Approved

01/27/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

SETAI HOTEL ACQUISITION LLC

Borrower Address

1144 Ocean Dr

Borrower City

Miami Beach

Borrower State

FL

Borrower Zip

33139-4609

Loan Status Date

03/07/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

378617

Servicing Lender Name

HSBC Bank USA, National Association

Servicing Lender Address

1800 Tysons Blvd, Ste 50 Tysons II

Servicing Lender City

MCLEAN

Servicing Lender State

VA

Servicing Lender Zip

22102-4267

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami Beach

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33139-4609

CD

FL-24

Jobs Reported

265

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

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

378617

Originating Lender

HSBC Bank USA, National Association

Originating Lender City

MCLEAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2040333.33

Forgiveness Date

02/13/2023

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