PPP Loan information for 56th street hotel llc

$2,000,000

56th street hotel 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 05/05/2021 by The Wells Fargo Bank, National Association reported 210 jobs and $2,000,000 was used to fund payroll.

56th street hotel llc is Existing or more than 2 years old

56TH STREET HOTEL LLC

Date Approved

05/05/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

56TH STREET HOTEL LLC

Borrower Address

18 W 56th St

Borrower City

New York

Borrower State

NY

Borrower Zip

10019-3801

Loan Status Date

05/19/2021

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

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10019-3801

CD

NY-12

Jobs Reported

210

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2015287.67

Forgiveness Date

02/11/2022

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