PPP Loan information for Red lion inn operating llc

$365,520

Red lion inn operating llc was initially approved for PPP Loan of amount $365,520, the current approved amount is $365,520. The loan was approved on 04/14/2020 by The Abington Bank reported 91 jobs and $365,520 was used to fund payroll.

Red lion inn operating llc is New Business or 2 years or less

RED LION INN OPERATING LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

RED LION INN OPERATING LLC

Borrower Address

71 SOUTH MAIN ST

Borrower City

COHASSET

Borrower State

MA

Borrower Zip

02025-2060

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

365520.00

Current Approval Amount

365520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89069

Servicing Lender Name

Abington Bank

Servicing Lender Address

6 Harrison Ave

Servicing Lender City

ABINGTON

Servicing Lender State

MA

Servicing Lender Zip

02351-1877

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

COHASSET

Project County Name

NORFOLK

Project State

MA

Project Zip

02025-2060

CD

MA-09

Jobs Reported

91

NAICS Code

722320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

365520.00

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 Company(LLC)

Originating Lender Location Id

89069

Originating Lender

Abington Bank

Originating Lender City

ABINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

370266.75

Forgiveness Date

08/12/2021

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