PPP Loan information for Downtown hotel, llc

$213,100

Downtown hotel, llc was initially approved for PPP Loan of amount $213,100, the current approved amount is $213,100. The loan was approved on 04/11/2020 by The TowneBank reported 60 jobs and $213,100 was used to fund payroll.

Downtown hotel, llc is Existing or more than 2 years old

PPP Loan Search / VA / NORFOLK / Downtown hotel, llc

DOWNTOWN HOTEL, LLC

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

DOWNTOWN HOTEL, LLC

Borrower Address

700 Monticello Avenue

Borrower City

NORFOLK

Borrower State

VA

Borrower Zip

23510-2517

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

213100.00

Current Approval Amount

213100.00

Undisbursed Amount

0.00

Franchise Name

Wyndham Garden®

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORFOLK

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23510-2517

CD

VA-03

Jobs Reported

60

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

213100.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

214710.09

Forgiveness Date

01/20/2021

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