Ruddertowne Hotel, LLC

$302,157 PPP Loan in Newport, Delaware

Loan Details

Loan Number
8325477109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$302,157
Current Approval
$302,157
Forgiveness Amount
$304,905
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ruddertowne Hotel, LLC
Address
405 East Marsh Lane
ZIP Code
19804
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
DE-

Loan Use Breakdown

Payroll
$224,000
Utilities
$54,157
Health Care
$24,000

Lender Information

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

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