Park South Hotel LLC

$1,291,894 PPP Loan in Newport, Rhode Island

Loan Details

Loan Number
8910948606
Date Approved
Mar 25, 2021
Loan Status
Exemption 4
Initial Approval
$1,291,894
Current Approval
$1,291,894
Forgiveness Amount
$524,189
Forgiveness Date
Jul 13, 2022
Term
60 months
Draw
First Draw

Business Information

Business Name
Park South Hotel LLC
Address
Christies Landing
ZIP Code
02840
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
124
Estimated Revenue
$22.0M
Rural/Urban
Urban
Congressional District
RI-01

Loan Use Breakdown

Payroll
$1,291,889
Utilities
$1

Lender Information

Servicing Lender
Banknewport
Originating Lender
Banknewport

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