PPP Loan information for Binghamton motor inn corp

$183,267

Binghamton motor inn corp was initially approved for PPP Loan of amount $183,267, the current approved amount is $183,267. The loan was approved on 04/15/2021 by The Loan Source Incorporated reported 23 jobs and $183,267 was used to fund payroll.

Binghamton motor inn corp is Existing or more than 2 years old

BINGHAMTON MOTOR INN CORP

Date Approved

04/15/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

BINGHAMTON MOTOR INN CORP

Borrower Address

725 River Rd

Borrower City

Edgewater

Borrower State

NJ

Borrower Zip

07020-1171

Loan Status Date

08/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

183267.00

Current Approval Amount

183267.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Edgewater

Project County Name

BERGEN

Project State

NJ

Project Zip

07020-1171

CD

NJ-09

Jobs Reported

23

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

183263.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

185581.69

Forgiveness Date

07/27/2022

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