Setai Hotel Acquisition LLC

$2,000,000 PPP Loan in Miami Beach, Florida

Loan Details

Loan Number
6671238303
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,040,333
Forgiveness Date
Feb 13, 2023
Term
60 months
Draw
Second Draw

Business Information

Business Name
Setai Hotel Acquisition LLC
Address
1144 Ocean Dr
State
Florida
ZIP Code
33139-4609
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
265
Estimated Revenue
$82.9M
Rural/Urban
Urban
Congressional District
FL-24

Loan Use Breakdown

Payroll
$1,999,994
Utilities
$1

Lender Information

Servicing Lender
Hsbc Bank Usa, National Association
Originating Lender
Hsbc Bank Usa, National Association

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