Metronorth Hotel LLC

$423,445 PPP Loan in Woburn, Massachusetts

Loan Details

Loan Number
8541967010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$423,445
Current Approval
$423,445
Forgiveness Amount
$426,032
Forgiveness Date
Nov 27, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Metronorth Hotel LLC
Address
300 Presidential Way
City
Woburn
ZIP Code
01801-5139
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$14.7M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$317,584
Utilities
$105,861

Lender Information

Servicing Lender
Cambridge Savings Bank
Originating Lender
Cambridge Savings Bank

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