PPP Loan information for Forbes place hotel ii llc

$1,429,219

Forbes place hotel ii llc was initially approved for PPP Loan of amount $1,429,219, the current approved amount is $1,429,219. The loan was approved on 02/17/2021 by The American Lending Center reported 80 jobs and $1,429,219 was used to fund payroll.

Forbes place hotel ii llc is Existing or more than 2 years old

FORBES PLACE HOTEL II LLC

Date Approved

02/17/2021

SBA Office Code

0491

Processing Method

PPS

Borrower Name

FORBES PLACE HOTEL II LLC

Borrower Address

5445 Forbes Pl

Borrower City

Orlando

Borrower State

FL

Borrower Zip

32812-9010

Loan Status Date

07/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1429218.81

Current Approval Amount

1429218.81

Undisbursed Amount

0.00

Franchise Name

Renaissance by Marriott

Servicing Lender Location Id

530223

Servicing Lender Name

American Lending Center

Servicing Lender Address

1 World Trade Center, Suite 1130

Servicing Lender City

Long Beach

Servicing Lender State

CA

Servicing Lender Zip

90831

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Orlando

Project County Name

ORANGE

Project State

FL

Project Zip

32812-9010

CD

FL-09

Jobs Reported

80

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1429215.81

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

530223

Originating Lender

American Lending Center

Originating Lender City

Long Beach

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1448632.37

Forgiveness Date

07/01/2022

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