PPP Loan information for Lexington avenue hotel lp

$6,085,875

Lexington avenue hotel lp was initially approved for PPP Loan of amount $6,085,875, the current approved amount is $6,085,875. The loan was approved on 02/25/2021 by The Forbright Bank reported 245 jobs and $6,085,875 was used to fund payroll.

Lexington avenue hotel lp is Existing or more than 2 years old

LEXINGTON AVENUE HOTEL LP

Date Approved

02/25/2021

SBA Office Code

0202

Processing Method

PPP

Borrower Name

LEXINGTON AVENUE HOTEL LP

Borrower Address

150 E 58th St Fl 39

Borrower City

New York

Borrower State

NY

Borrower Zip

10155-0002

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

6085875.00

Current Approval Amount

6085875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10155-0002

CD

NY-12

Jobs Reported

245

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6085875.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6131944.98

Forgiveness Date

01/24/2022

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