Groton Hospitality LLC

$204,725 PPP Loan in Groton, Connecticut

Loan Details

Loan Number
1289897204
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$204,725
Current Approval
$204,725
Forgiveness Amount
$206,266
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Groton Hospitality LLC
Address
224 Gold Star Highway
City
Groton
ZIP Code
06340
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Hilton Garden Inn
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.0M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$163,780
Rent
$32,756
Utilities
$8,189

Lender Information

Servicing Lender
First Foundation Bank
Originating Lender
First Foundation Bank

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