AAM WOBURN HOTEL LLC (MA) - 2020 PPP Loan Borrower Profile (# 3208818403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AAM WOBURN HOTEL 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 Massachusetts.

Loan Detail

Loan Number

3208818403

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$1,223,890

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$1,096,034.48

Date Loan was Forgiven

Nov 10, 2021

Loan Status

Exemption 4

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,223,884

Lender

Bank of New England

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Woburn, MA

Project Location

Woburn, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

137

Business Age Description

Existing or more than 2 years old

Data Source: SBA.