PPP Loan information for Inn by the sea, llc

$670,500

Inn by the sea, llc was initially approved for PPP Loan of amount $670,500, the current approved amount is $670,500. The loan was approved on 04/07/2020 by The Bangor Savings Bank reported 60 jobs and $670,500 was used to fund payroll.

Inn by the sea, llc is Existing or more than 2 years old

PPP Loan Search / ME / PORTLAND / Inn by the sea, llc

INN BY THE SEA, LLC

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

INN BY THE SEA, LLC

Borrower Address

7 Custom House St, 5th Floor

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04101

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

670500.00

Current Approval Amount

670500.00

Undisbursed Amount

0.00

Franchise Name

Preferred Hotels & Resorts - Hotel Member Agreement

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04101-0001

CD

ME-01

Jobs Reported

60

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

670500.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

678173.50

Forgiveness Date

06/04/2021

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