422 HOTEL, LLC (RI) - 2020 PPP Loan Borrower Profile (# 2159157103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 422 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 Rhode Island.

Loan Detail

Loan Number

2159157103

SBA Office Code

0165

Processing Method

PPP

Curent Loan Amount

$412,500

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$418,515.62

Date Loan was Forgiven

Oct 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

412,500

Lender

INTRUST Bank, National Association

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

CRANSTON, RI

Project Location

CRANSTON, RI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.