PPP Loan information for The lake merritt hotel partnership

$262,500

The lake merritt hotel partnership was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 02/23/2021 by The Readycap Lending, LLC reported 29 jobs and $262,500 was used to fund payroll.

The lake merritt hotel partnership is Existing or more than 2 years old

PPP Loan Search / CA / Oakland / The lake merritt hotel partnership

THE LAKE MERRITT HOTEL PARTNERSHIP

Date Approved

02/23/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

THE LAKE MERRITT HOTEL PARTNERSHIP

Borrower Address

1800 Madison St

Borrower City

Oakland

Borrower State

CA

Borrower Zip

94612-4638

Loan Status Date

10/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Oakland

Project County Name

ALAMEDA

Project State

CA

Project Zip

94612-4638

CD

CA-12

Jobs Reported

29

NAICS Code

813990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

262497.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265765.07

Forgiveness Date

09/13/2022

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