PPP Loan information for Ddh hotel somerville llc

$885,556

Ddh hotel somerville llc was initially approved for PPP Loan of amount $885,556, the current approved amount is $885,556. The loan was approved on 01/31/2021 by The Bank of America, National Association reported 77 jobs and $885,556 was used to fund payroll.

Ddh hotel somerville llc is Existing or more than 2 years old

DDH HOTEL SOMERVILLE LLC

Date Approved

01/31/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

DDH HOTEL SOMERVILLE LLC

Borrower Address

30 Washington St

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143-4446

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

885556.00

Current Approval Amount

885556.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-4446

CD

MA-07

Jobs Reported

77

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

885551.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

895600.39

Forgiveness Date

03/24/2022

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