PPP Loan information for Executive hotel management

$155,562

Executive hotel management was initially approved for PPP Loan of amount $155,562, the current approved amount is $155,562. The loan was approved on 01/22/2021 by The The Honesdale National Bank reported 17 jobs and $155,562 was used to fund payroll.

Executive hotel management is Existing or more than 2 years old

EXECUTIVE HOTEL MANAGEMENT

Date Approved

01/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

EXECUTIVE HOTEL MANAGEMENT

Borrower Address

400 Route 315 Hwy

Borrower City

Pittston

Borrower State

PA

Borrower Zip

18640-3912

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

155562.02

Current Approval Amount

155562.02

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

60376

Servicing Lender Name

The Honesdale National Bank

Servicing Lender Address

733 Main St

Servicing Lender City

HONESDALE

Servicing Lender State

PA

Servicing Lender Zip

18431-1844

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pittston

Project County Name

LUZERNE

Project State

PA

Project Zip

18640-3912

CD

PA-08

Jobs Reported

17

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

155559.02

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

60376

Originating Lender

The Honesdale National Bank

Originating Lender City

HONESDALE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

156940.47

Forgiveness Date

12/14/2021

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