Royale Blue Hospitality, LLC

Name of Partner / Subrecipient: Royale Blue Hospitality, LLC
Assignment: DR
Program / Division: Investment Portfolio for Growth Program
DUNS No.: QLH5S3ZQD1L9
Execution Date: 01/31/2023
End Date: 01/31/2035
Total Amount: $50,000,000.00
Brief Description: The PRDOH awarded with a Loan Agreement that intends to undertake the Economic Development Investment Portfolio for Growth Program with CDBG-DR funds. The focus of the Program is to address the critical needs of businesses and residents of Puerto Rico by providing leveraged funding to support private investments to meet unmet economic development needs.

AMENDMENTS

Execution Date: 01/31/2025
End Date: 01/31/2035
Total Amount: N/A
CDBG-DR Funds: N/A
Brief Description: In this Amendment A, the Parties acknowledge and agree that modifications are needed to amend certain sections of the Agreement to among other things, (i) revise and modify Section 7.1 regarding the Affirmative Covenants of the Borrower; and (ii) replace and include certain Exhibits to the Agreement, in particular Exhibit L.