Lcp Waterside Hotel Jv, LLC

$1,133,000 PPP Loan in Norfolk, Virginia

Loan Details

Loan Number
6879887008
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,133,000
Current Approval
$1,133,000
Forgiveness Amount
$1,145,148
Forgiveness Date
May 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lcp Waterside Hotel Jv, LLC
Address
235 E Main Street
ZIP Code
23510-1668
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
148
Estimated Revenue
$46.3M
Rural/Urban
Urban
Congressional District
VA-03

Loan Use Breakdown

Payroll
$688,000
Utilities
$120,000
Health Care
$172,000
Mortgage Interest
$153,000

Lender Information

Servicing Lender
Western Alliance Bank
Originating Lender
Western Alliance Bank

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