AREP I PM HOTEL OWNER LP (PA) - 2020 PPP Loan Borrower Profile (# 5402138000)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AREP I PM HOTEL OWNER 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

5402138000

SBA Office Code

0303

Processing Method

PPP

Curent Loan Amount

$546,205

Date Loan was Approved

Jun 28, 2020

Amount Forgiven

$555,572.79

Date Loan was Forgiven

Mar 21, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

546,205

Lender

Kabbage, Inc.

Business Detail

Business Type

Partnership

NAICS

721110

Borrower Location

Plymouth Meeting, PA

Project Location

Plymouth Meeting, PA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.