PPP Loan information for Capreit operating limited partnership

$6,506,000

Capreit operating limited partnership was initially approved for PPP Loan of amount $6,506,000, the current approved amount is $6,506,000. The loan was approved on 04/15/2020 by The Fifth Third Bank reported 490 jobs and $6,506,000 was used to fund payroll.

Capreit operating limited partnership is Existing or more than 2 years old

CAPREIT OPERATING LIMITED PARTNERSHIP

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

CAPREIT OPERATING LIMITED PARTNERSHIP

Borrower Address

11200 ROCKVILLE PIKE STE 100

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20852-3152

Loan Status Date

05/11/2023

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6506000.00

Current Approval Amount

6506000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20852-3152

CD

MD-08

Jobs Reported

490

NAICS Code

531110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6506000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6477575.92

Forgiveness Date

12/08/2022

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