Sarasota Modern Hotel LLC

$612,000 PPP Loan in Sarasota, Florida

Loan Details

Loan Number
4763808404
Date Approved
Feb 6, 2021
Loan Status
Paid in Full
Initial Approval
$612,000
Current Approval
$612,000
Forgiveness Amount
$623,771
Forgiveness Date
Jan 12, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sarasota Modern Hotel LLC
Address
1290 Boulevard of the Arts
State
Florida
ZIP Code
34236
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.6M
Rural/Urban
Urban
Congressional District
FL-16

Loan Use Breakdown

Payroll
$611,997
Utilities
$1

Lender Information

Servicing Lender
Synovus Bank
Originating Lender
Synovus Bank

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