Fed Hotel Properties, LLC

$220,000 PPP Loan in Seekonk, Massachusetts

Loan Details

Loan Number
6776487101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$220,000
Current Approval
$220,000
Forgiveness Amount
$222,658
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Fed Hotel Properties, LLC
Address
1105 Fall River Ave
ZIP Code
02771-5814
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$10.6M
Rural/Urban
Urban
Congressional District
MA-04

Loan Use Breakdown

Payroll
$179,652
Rent
$8,070
Utilities
$8,070
Health Care
$8,070
Mortgage Interest
$8,070
Debt Interest
$8,070

Lender Information

Servicing Lender
Bristol County Savings Bank
Originating Lender
Bristol County Savings Bank

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