PPP Loan information for Largo hotel llc

$539,480

Largo hotel llc was initially approved for PPP Loan of amount $539,480, the current approved amount is $539,480. The loan was approved on 01/29/2021 by The Burke & Herbert Bank & Trust Company reported 70 jobs and $539,480 was used to fund payroll.

Largo hotel llc is Existing or more than 2 years old

LARGO HOTEL LLC

Date Approved

01/29/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

LARGO HOTEL LLC

Borrower Address

1101 30th St NW Ste 500

Borrower City

Washington

Borrower State

DC

Borrower Zip

20007-3772

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

539479.50

Current Approval Amount

539479.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Washington

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20007-3772

CD

DC-

Jobs Reported

70

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

539476.50

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

529802.41

Forgiveness Date

05/12/2022

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