PPP Loan information for 5542 newland way llc

$20,000

5542 newland way llc was initially approved for PPP Loan of amount $38,000, the current approved amount is $20,000. The loan was approved on 04/10/2020 by The Commonwealth Business Bank reported 2 jobs and $20,000 was used to fund payroll.

5542 newland way llc is Existing or more than 2 years old

PPP Loan Search / CO / MANITOU SPRINGS / 5542 newland way llc

5542 NEWLAND WAY LLC

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

5542 NEWLAND WAY LLC

Borrower Address

45 Manitou Ave

Borrower City

MANITOU SPRINGS

Borrower State

CO

Borrower Zip

80829-2453

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Magnuson Hotels

Servicing Lender Location Id

433717

Servicing Lender Name

Commonwealth Business Bank

Servicing Lender Address

3435 Wilshire Blvd, Ste 700

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010-2036

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANITOU SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80829-2453

CD

CO-05

Jobs Reported

2

NAICS Code

999990

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

433717

Originating Lender

Commonwealth Business Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20260.27

Forgiveness Date

08/12/2021

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