PPP Loan information for Forest avenue hotel associates llc

$959,700

Forest avenue hotel associates llc was initially approved for PPP Loan of amount $959,700, the current approved amount is $959,700. The loan was approved on 01/27/2021 by The Central Bank & Trust Co. reported 32 jobs and $959,700 was used to fund payroll.

Forest avenue hotel associates llc is Existing or more than 2 years old

PPP Loan Search / VA / Richmond / Forest avenue hotel associates llc

FOREST AVENUE HOTEL ASSOCIATES LLC

Date Approved

01/27/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

FOREST AVENUE HOTEL ASSOCIATES LLC

Borrower Address

6631 W Broad St

Borrower City

Richmond

Borrower State

VA

Borrower Zip

23230-1723

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

959700.00

Current Approval Amount

959700.00

Undisbursed Amount

0.00

Franchise Name

Westin

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Richmond

Project County Name

HENRICO

Project State

VA

Project Zip

23230-1723

CD

VA-01

Jobs Reported

32

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

959695.00

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

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

971482.98

Forgiveness Date

04/18/2022

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