PPP Loan information for Southern ri hospitality management llc

$228,775

Southern ri hospitality management llc was initially approved for PPP Loan of amount $228,775, the current approved amount is $228,775. The loan was approved on 03/20/2021 by The BayCoast Bank reported 26 jobs and $228,775 was used to fund payroll.

Southern ri hospitality management llc is Existing or more than 2 years old

SOUTHERN RI HOSPITALITY MANAGEMENT LLC

Date Approved

03/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SOUTHERN RI HOSPITALITY MANAGEMENT LLC

Borrower Address

3 Fairfield Way

Borrower City

South Kingstown

Borrower State

RI

Borrower Zip

02879-8287

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

228774.60

Current Approval Amount

228774.60

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02879-8287

CD

RI-02

Jobs Reported

26

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

228769.60

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

229918.47

Forgiveness Date

09/21/2021

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