PPP Loan information for Ace hotel new orleans

$2,071,593

Ace hotel new orleans was initially approved for PPP Loan of amount $2,071,593, the current approved amount is $2,071,593. The loan was approved on 04/28/2020 by The First Horizon Bank reported 247 jobs and $2,071,593 was used to fund payroll.

Ace hotel new orleans is Existing or more than 2 years old

ACE HOTEL NEW ORLEANS

Date Approved

04/28/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

ACE HOTEL NEW ORLEANS

Borrower Address

7 W 30TH ST 12 FLOOR

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10001

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2071593.00

Current Approval Amount

2071593.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

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

10001-0001

CD

NY-12

Jobs Reported

247

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2071593.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2101746.19

Forgiveness Date

10/22/2021

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