PPP Loan information for North andover hotel llc

$224,823

North andover hotel llc was initially approved for PPP Loan of amount $224,823, the current approved amount is $224,823. The loan was approved on 05/18/2021 by The Camden National Bank reported 35 jobs and $224,823 was used to fund payroll.

North andover hotel llc is Existing or more than 2 years old

NORTH ANDOVER HOTEL LLC

Date Approved

05/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

NORTH ANDOVER HOTEL LLC

Borrower Address

106 Bank Rd Attn Neel Amin

Borrower City

Haverhill

Borrower State

MA

Borrower Zip

01832-3603

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

224822.50

Current Approval Amount

224822.50

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

29633

Servicing Lender Name

Camden National Bank

Servicing Lender Address

2 Elm St

Servicing Lender City

CAMDEN

Servicing Lender State

ME

Servicing Lender Zip

04843-1947

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Haverhill

Project County Name

ESSEX

Project State

MA

Project Zip

01832-3603

CD

MA-03

Jobs Reported

35

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

224816.50

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

29633

Originating Lender

Camden National Bank

Originating Lender City

CAMDEN

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

226115.23

Forgiveness Date

12/14/2021

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