Paradise Properties LLC

$112,017 PPP Loan in Groton, Connecticut

Loan Details

Loan Number
1340107208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$112,017
Current Approval
$112,017
Forgiveness Amount
$112,860
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Paradise Properties LLC
Address
300 Long Hill Road
City
Groton
ZIP Code
06340
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Hampton Inn
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
CT-02

Loan Use Breakdown

Payroll
$89,614
Rent
$17,922
Utilities
$4,481

Lender Information

Servicing Lender
First Foundation Bank
Originating Lender
First Foundation Bank

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