Alex Sapir’s Sapir Corp is the latest New York City hotel owner set to land a Paycheck Protection Program loan. And in completely unrelated news, his former brother-in-law and business partner Rotem Rosen has decided to give his PPP money back. Sapir applied for the $2.9 million loan in mid-April for the NoMo Soho hotel at 9 Crosby Street and was notified of Small Business Association approval by the lender processing it, the company disclosed
source https://therealdeal.com/2020/04/30/sapir-gets-ppp-loan-for-nyc-hotel-rotem-rosen-to-return-his/
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