Date Approved
04/29/2020
SBA Office Code
0455
Processing Method
PPP
Borrower Name
SARASOTA MODERN HOTEL LLC
Borrower Address
1290 BLVD OF THE ARTS
Borrower City
SARASOTA
Borrower State
FL
Borrower Zip
34236-2900
Loan Status Date
06/16/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
525397.50
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
19248
Servicing Lender Name
Synovus Bank
Servicing Lender Address
1148 Broadway
Servicing Lender City
COLUMBUS
Servicing Lender State
GA
Servicing Lender Zip
31901-2429
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
Project State
Project Zip
CD
FL-17
Jobs Reported
8
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
412352.69
Forgiveness Date
07/20/2021