PPP Loan information for Lbi gateway hotel llc

$119,000

Lbi gateway hotel llc was initially approved for PPP Loan of amount $119,000, the current approved amount is $119,000. The loan was approved on 04/15/2020 by The Manufacturers and Traders Trust Company reported 8 jobs and $119,000 was used to fund payroll.

Lbi gateway hotel llc is Existing or more than 2 years old

LBI GATEWAY HOTEL LLC

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

LBI GATEWAY HOTEL LLC

Borrower Address

9919 Stephen Decatur Highway

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

119000.00

Current Approval Amount

119000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-1100

CD

MD-01

Jobs Reported

8

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

116566.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2434.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

120483.42

Forgiveness Date

07/26/2021

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