PPP Loan information for Rb hotel burlington llc

$1,899,412

Rb hotel burlington llc was initially approved for PPP Loan of amount $1,899,412, the current approved amount is $1,899,412. The loan was approved on 04/08/2021 by The Cambridge Savings Bank reported 219 jobs and $1,899,412 was used to fund payroll.

Rb hotel burlington llc is Existing or more than 2 years old

RB HOTEL BURLINGTON LLC

Date Approved

04/08/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

RB HOTEL BURLINGTON LLC

Borrower Address

1 Mall Rd

Borrower City

Burlington

Borrower State

MA

Borrower Zip

01803-4108

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1899411.50

Current Approval Amount

1899411.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32698

Servicing Lender Name

Cambridge Savings Bank

Servicing Lender Address

1374 Massachusetts Ave

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MA

Servicing Lender Zip

02138-3822

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01803-4108

CD

MA-06

Jobs Reported

219

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1899408.50

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

32698

Originating Lender

Cambridge Savings Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1913618.06

Forgiveness Date

01/12/2022

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