PPP Loan information for South county commons hospitality llc

$234,528

South county commons hospitality llc was initially approved for PPP Loan of amount $234,528, the current approved amount is $234,528. The loan was approved on 03/04/2021 by The BayCoast Bank reported 24 jobs and $234,528 was used to fund payroll.

South county commons hospitality llc is Existing or more than 2 years old

PPP Loan Search / RI / South Kingstown / South county commons hospitality llc

SOUTH COUNTY COMMONS HOSPITALITY LLC

Date Approved

03/04/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

SOUTH COUNTY COMMONS HOSPITALITY LLC

Borrower Address

20 Hotel Dr

Borrower City

South Kingstown

Borrower State

RI

Borrower Zip

02879-8251

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

234528.00

Current Approval Amount

234528.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02879-8251

CD

RI-02

Jobs Reported

24

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

234523.00

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

236006.83

Forgiveness Date

10/25/2021

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