Hotel Salem Opco, LLC

$280,000 PPP Loan in Amesbury, Massachusetts

Loan Details

Loan Number
9866017010
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$280,000
Current Approval
$280,000
Forgiveness Amount
$283,111
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hotel Salem Opco, LLC
Address
29 Main St
ZIP Code
01913-2808
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$10.9M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$280,000

Lender Information

Servicing Lender
Newburyport Five Cents Savings Bank
Originating Lender
Newburyport Five Cents Savings Bank

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