27TH STREET HOTEL LLC (VA) - 2020 PPP Loan Borrower Profile (# 5225268405)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 27TH STREET 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 Virginia.
Loan Detail
Loan Number
5225268405
SBA Office Code
0304
Processing Method
PPS
Curent Loan Amount
$425,000
Date Loan was Approved
Feb 8, 2021
Amount Forgiven
$429,167.36
Date Loan was Forgiven
Feb 8, 2022
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1
Payroll Proced
424,997
Lender
TowneBank
Business Detail
Business Type
Limited Liability Company(LLC)
NAICS
721110
Borrower Location
Virginia Beach, VA
Project Location
Virginia Beach, VA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
54
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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