PPP Loan information for Lowell hotel associates

$1,727,795

Lowell hotel associates was initially approved for PPP Loan of amount $1,200,000, the current approved amount is $1,727,795. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 173 jobs and $1,727,795 was used to fund payroll.

Lowell hotel associates is Existing or more than 2 years old

LOWELL HOTEL ASSOCIATES

Date Approved

05/03/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

LOWELL HOTEL ASSOCIATES

Borrower Address

28 E 63RD ST

Borrower City

NEW YORK

Borrower State

NY

Borrower Zip

10065-8027

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1200000.00

Current Approval Amount

1727795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

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

10065-8027

CD

NY-12

Jobs Reported

173

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1727795.00

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 Partnership

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1753309.56

Forgiveness Date

10/28/2021

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