PPP Loan information for Herald hotel associates, l.p.

$3,870,840

Herald hotel associates, l.p. was initially approved for PPP Loan of amount $3,870,840, the current approved amount is $3,870,840. The loan was approved on 04/10/2020 by The JPMorgan Chase Bank, National Association reported 243 jobs and $3,870,840 was used to fund payroll.

Herald hotel associates, l.p. is Existing or more than 2 years old

HERALD HOTEL ASSOCIATES, L.P.

Date Approved

04/10/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

HERALD HOTEL ASSOCIATES, L.P.

Borrower Address

49 West 32nd Street 0.0

Borrower City

New York

Borrower State

NY

Borrower Zip

10001-3811

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3870840.00

Current Approval Amount

3870840.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10001-3811

CD

NY-12

Jobs Reported

243

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

190108.00

Payroll Proceed

3096672.00

Mortgage Interest Proceed

124365.00

Rent Proceed

459695.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2599645.50

Forgiveness Date

06/30/2022

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