PPP Loan information for Portland hotel operators inc

$142,000

Portland hotel operators inc was initially approved for PPP Loan of amount $142,000, the current approved amount is $142,000. The loan was approved on 02/11/2021 by The Northway Bank reported 20 jobs and $142,000 was used to fund payroll.

Portland hotel operators inc is Existing or more than 2 years old

PPP Loan Search / ME / Westbrook / Portland hotel operators inc

PORTLAND HOTEL OPERATORS INC

Date Approved

02/11/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

PORTLAND HOTEL OPERATORS INC

Borrower Address

208 Larrabee Rd

Borrower City

Westbrook

Borrower State

ME

Borrower Zip

04092-4751

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142000.00

Current Approval Amount

142000.00

Undisbursed Amount

0.00

Franchise Name

Super 8 by Wyndhan

Servicing Lender Location Id

42825

Servicing Lender Name

Northway Bank

Servicing Lender Address

9 Main St

Servicing Lender City

BERLIN

Servicing Lender State

NH

Servicing Lender Zip

03570-2414

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westbrook

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04092-4751

CD

ME-01

Jobs Reported

20

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

142000.00

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

42825

Originating Lender

Northway Bank

Originating Lender City

BERLIN

Originating Lender State

NH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142781.97

Forgiveness Date

09/08/2021

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