PPP Loan information for Hotel salem opco, llc

$280,000

Hotel salem opco, llc was initially approved for PPP Loan of amount $280,000, the current approved amount is $280,000. The loan was approved on 04/09/2020 by The Newburyport Five Cents Savings Bank reported 35 jobs and $280,000 was used to fund payroll.

Hotel salem opco, llc is Existing or more than 2 years old

PPP Loan Search / MA / AMESBURY / Hotel salem opco, llc

HOTEL SALEM OPCO, LLC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

HOTEL SALEM OPCO, LLC

Borrower Address

29 MAIN ST

Borrower City

AMESBURY

Borrower State

MA

Borrower Zip

01913-2808

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280000.00

Current Approval Amount

280000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33178

Servicing Lender Name

Newburyport Five Cents Savings Bank

Servicing Lender Address

63 State St

Servicing Lender City

NEWBURYPORT

Servicing Lender State

MA

Servicing Lender Zip

01950-6615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AMESBURY

Project County Name

ESSEX

Project State

MA

Project Zip

01913-2808

CD

MA-06

Jobs Reported

35

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

280000.00

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

33178

Originating Lender

Newburyport Five Cents Savings Bank

Originating Lender City

NEWBURYPORT

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

283111.11

Forgiveness Date

05/26/2021

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