Procaccianti Hotel Reit L.p.

$405,605 PPP Loan in Cranston, Rhode Island

Loan Details

Loan Number
8357618409
Date Approved
Feb 13, 2021
Loan Status
Paid in Full
Initial Approval
$405,605
Current Approval
$405,605
Forgiveness Amount
$410,652
Forgiveness Date
May 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Procaccianti Hotel Reit L.p.
Address
1140 Reservoir Ave
ZIP Code
02920-6032
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
$16.9M
Rural/Urban
Urban
Congressional District
RI-02

Loan Use Breakdown

Payroll
$405,600
Utilities
$1

Lender Information

Servicing Lender
Rockland Trust Company
Originating Lender
Rockland Trust Company

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