ARCH STREET HOTEL PARTNERS LP (PA) - 2020 PPP Loan Borrower Profile (# 9264508602)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARCH STREET HOTEL PARTNERS LP. 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 Pennsylvania.

Loan Detail

Loan Number

9264508602

SBA Office Code

0303

Processing Method

PPS

Curent Loan Amount

$1,157,166

Date Loan was Approved

Mar 25, 2021

Amount Forgiven

$1,166,676.95

Date Loan was Forgiven

Feb 1, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,157,161

Lender

CIBC Bank USA

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Philadelphia, PA

Project Location

Philadelphia, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

108

Business Age Description

Existing or more than 2 years old

Data Source: SBA.