PPP Loan information for Hotel asset value enhancement inc

$944,700

Hotel asset value enhancement inc was initially approved for PPP Loan of amount $944,700, the current approved amount is $944,700. The loan was approved on 04/07/2020 by The Bank Rhode Island reported 46 jobs and $944,700 was used to fund payroll.

Hotel asset value enhancement inc is Existing or more than 2 years old

HOTEL ASSET VALUE ENHANCEMENT INC

Date Approved

04/07/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

HOTEL ASSET VALUE ENHANCEMENT INC

Borrower Address

333 WESTMINSTER ST Suite 3

Borrower City

PROVIDENCE

Borrower State

RI

Borrower Zip

02903-3302

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

944700.00

Current Approval Amount

944700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PROVIDENCE

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02903-3302

CD

RI-02

Jobs Reported

46

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

944700.00

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

Corporation

Originating Lender Location Id

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

950604.38

Forgiveness Date

12/02/2020

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