Portland Hotel Operators, Inc.

$102,000 PPP Loan in Westbrook, Maine

Loan Details

Loan Number
8952157008
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$102,000
Current Approval
$102,000
Forgiveness Amount
$103,116
Forgiveness Date
May 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Portland Hotel Operators, Inc.
Address
208 Larrabee Rd
State
Maine
ZIP Code
04092-4751
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$6.6M
Rural/Urban
Rural
Congressional District
ME-01

Loan Use Breakdown

Payroll
$76,500
Utilities
$11,995
Mortgage Interest
$13,340
Debt Interest
$165

Lender Information

Servicing Lender
Northway Bank
Originating Lender
Northway Bank

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