PPP Loan information for Freeport hotel llc

$61,986

Freeport hotel llc was initially approved for PPP Loan of amount $61,986, the current approved amount is $61,986. The loan was approved on 02/05/2021 by The Kennebunk Savings Bank reported 5 jobs and $61,986 was used to fund payroll.

Freeport hotel llc is Existing or more than 2 years old

PPP Loan Search / ME / Freeport / Freeport hotel llc

FREEPORT HOTEL LLC

Date Approved

02/05/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

FREEPORT HOTEL LLC

Borrower Address

506 US Route 1

Borrower City

Freeport

Borrower State

ME

Borrower Zip

04032-7018

Loan Status Date

04/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61986.05

Current Approval Amount

61986.05

Undisbursed Amount

0.00

Franchise Name

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels

Servicing Lender Location Id

29702

Servicing Lender Name

Kennebunk Savings Bank

Servicing Lender Address

104 Main St

Servicing Lender City

KENNEBUNK

Servicing Lender State

ME

Servicing Lender Zip

04043-7023

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freeport

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04032-7018

CD

ME-01

Jobs Reported

5

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

61980.05

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

29702

Originating Lender

Kennebunk Savings Bank

Originating Lender City

KENNEBUNK

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62636.90

Forgiveness Date

03/09/2022

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