513 HOTEL OPERATING LLC (CO) - 2020 PPP Loan Borrower Profile (# 6570968507)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 513 HOTEL OPERATING LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Colorado.

Loan Detail

Loan Number

6570968507

SBA Office Code

0811

Processing Method

PPS

Curent Loan Amount

$846,200

Date Loan was Approved

Mar 4, 2021

Amount Forgiven

$849,886.19

Date Loan was Forgiven

Aug 11, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

846,198

Lender

Frost Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Colorado Springs, CO

Project Location

Colorado Springs, CO

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

108

Business Age Description

Existing or more than 2 years old

Data Source: SBA.