PPP Loan information for Wellington hotel co inc

$2,000,000

Wellington hotel co inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/06/2021 by The Coastal States Bank reported 154 jobs and $2,000,000 was used to fund payroll.

Wellington hotel co inc is Existing or more than 2 years old

PPP Loan Search / NY / New York / Wellington hotel co inc

WELLINGTON HOTEL CO INC

Date Approved

02/06/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

WELLINGTON HOTEL CO INC

Borrower Address

871 7th Ave

Borrower City

New York

Borrower State

NY

Borrower Zip

10019-3923

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

382926

Servicing Lender Name

Coastal States Bank

Servicing Lender Address

5 Bow Circle

Servicing Lender City

HILTON HEAD ISLAND

Servicing Lender State

SC

Servicing Lender Zip

29928-7344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New York

Project County Name

NEW YORK

Project State

NY

Project Zip

10019-3923

CD

NY-12

Jobs Reported

154

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999997.00

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

Subchapter S Corporation

Originating Lender Location Id

382926

Originating Lender

Coastal States Bank

Originating Lender City

HILTON HEAD ISLAND

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2021055.56

Forgiveness Date

03/04/2022

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