PPP Loan information for Commerce center hotel opco llc

$607,506

Commerce center hotel opco llc was initially approved for PPP Loan of amount $607,506, the current approved amount is $607,506. The loan was approved on 02/16/2021 by The CIBC Bank USA reported 37 jobs and $607,506 was used to fund payroll.

Commerce center hotel opco llc is Existing or more than 2 years old

PPP Loan Search / CO / Colorado Springs / Commerce center hotel opco llc

COMMERCE CENTER HOTEL OPCO LLC

Date Approved

02/16/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

COMMERCE CENTER HOTEL OPCO LLC

Borrower Address

7290 Commerce Center Dr

Borrower City

Colorado Springs

Borrower State

CO

Borrower Zip

80919-2629

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

607505.50

Current Approval Amount

607505.50

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Colorado Springs

Project County Name

EL PASO

Project State

CO

Project Zip

80919-2629

CD

CO-05

Jobs Reported

37

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

607500.50

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

611516.70

Forgiveness Date

10/26/2021

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