Chelsea Gateway Property LLC

$434,375 PPP Loan in Medford, Massachusetts

Loan Details

Loan Number
5129097101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$434,375
Current Approval
$434,375
Forgiveness Amount
$439,278
Forgiveness Date
Jun 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Chelsea Gateway Property LLC
Address
10 Cabot Rd Suite 209
ZIP Code
02155-5141
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Residence Inn by Marriott
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$13.8M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$320,000
Utilities
$15,375
Health Care
$9,000
Mortgage Interest
$90,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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