Hotel Madison, LLC

$814,000 PPP Loan in Gaithersburg, Maryland

Loan Details

Loan Number
5641497004
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$814,000
Current Approval
$814,000
Forgiveness Amount
$822,773
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hotel Madison, LLC
Address
9108 Gaither Road
ZIP Code
20877-1422
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
$33.5M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$814,000

Lender Information

Servicing Lender
United Bank
Originating Lender
United Bank

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