COVID Stimulus Watch Individual Entry

Recipient Company:
MHI HOSPITALITY TRS LLC
Loan or Loan Guarantee Amount:
$9,432,900

Recipient Details

Ownership Structure: publicly traded (ticker symbol SOHO)
Facility Street Address: 306 SOUTH HENRY ST
Facility City: WILLIAMSBURG
Facility State: VA
Facility Zip Code: 23185
Facility Congressional District: VA-02
Facility NAICS Code: 721110 : Hotels (except Casino Hotels) and Motels

Award Details

Award Date: Apr 27, 2020
Award Type: loan
Jobs Reported at Time of Application: 500
PPP Lender: Fifth Third Bank
Program Name: Paycheck Protection Program ($150,000 and up)
Legislation: CARES
Awarding Agency: Small Business Administration
Data Source for Award:
https://data.sba.gov/dataset/ppp-foia

Parent Company Data

Parent Company: Sotherly Hotels Inc.
Headquartered in: Virginia
Parent Sector: real estate
Parent Industry: lodging real estate investment trust
Employees (prior to pandemic): 13

Accountability Issues Since 2010

Employment icon
Good Jobs First has no data in this category
Contracting icon
Good Jobs First has no data in this category
Environment icon
Good Jobs First has no data in this category
ConsumerProt icon
Good Jobs First has no data in this category
CEOpay icon
Ratio of CEO Pay to that of Median Worker: 5.76 to 1
CEO Compensation: $863,469
Worker Median Pay: $149,965
Tax icon
Good Jobs First has no data in this category

Details on Accountability data sources

Accountability Issues

Covid Stimulus Watch provides accountability data on CARES Act recipients in the following categories:

Employment iconEmployment Issues

Tax iconTax / Subsidy Issues

Contracting iconContracting Issues

Environment iconEnvironment / Safety Issues

Consumer iconConsumer Protection Issues

CEO pay iconCEO Pay Issues