PPP Loan information for Federal center hotel associates, llc

$2,425,250

Federal center hotel associates, llc was initially approved for PPP Loan of amount $2,425,250, the current approved amount is $2,425,250. The loan was approved on 04/15/2020 by The The National Capital Bank of Washington reported 220 jobs and $2,425,250 was used to fund payroll.

Federal center hotel associates, llc is Existing or more than 2 years old

PPP Loan Search / MD / BETHESDA / Federal center hotel associates, llc

FEDERAL CENTER HOTEL ASSOCIATES, LLC

Date Approved

04/15/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FEDERAL CENTER HOTEL ASSOCIATES, LLC

Borrower Address

7101 WISCONSIN AVE, Suite 700

Borrower City

BETHESDA

Borrower State

MD

Borrower Zip

20814-4871

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2425250.00

Current Approval Amount

2425250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16812

Servicing Lender Name

The National Capital Bank of Washington

Servicing Lender Address

316 Pennsylvania Ave SE

Servicing Lender City

WASHINGTON

Servicing Lender State

DC

Servicing Lender Zip

20003-1146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHESDA

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20814-4871

CD

MD-08

Jobs Reported

220

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2425250.00

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

16812

Originating Lender

The National Capital Bank of Washington

Originating Lender City

WASHINGTON

Originating Lender State

DC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2451828.08

Forgiveness Date

06/02/2021

;