Ace Hotel New Orleans

$2,000,000 PPP Loan in New Orleans, Louisiana

Loan Details

Loan Number
9228788510
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,024,667
Forgiveness Date
Jun 13, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ace Hotel New Orleans
Address
600 Carondelet St
ZIP Code
70130-3504
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
247
Estimated Revenue
$77.2M
Rural/Urban
Urban
Congressional District
LA-02

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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