Morgans Hotel Group Management LLC

$2,796,012 PPP Loan in Miami Beach, Florida

Loan Details

Loan Number
1418747104
Date Approved
Apr 10, 2020
Loan Status
Charged Off
Initial Approval
$2,796,012
Current Approval
$2,796,012
Forgiveness Amount
$0
Forgiveness Date
N/A
Term
1 months
Draw
First Draw

Business Information

Business Name
Morgans Hotel Group Management LLC
Address
1685 Collins Ave 0.0
State
Florida
ZIP Code
33139-3136
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
305
Estimated Revenue
$95.4M
Rural/Urban
Urban
Congressional District
FL-24

Loan Use Breakdown

Payroll
$2,097,010
Rent
$5,932
Utilities
$91,496
Health Care
$214,160
Mortgage Interest
$387,414

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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