PPP Loan information for Fairfield executive inn inc.

$499,899

Fairfield executive inn inc. was initially approved for PPP Loan of amount $499,899, the current approved amount is $499,899. The loan was approved on 02/04/2021 by The Provident Bank reported 17 jobs and $499,899 was used to fund payroll.

Fairfield executive inn inc. is Existing or more than 2 years old

FAIRFIELD EXECUTIVE INN INC.

Date Approved

02/04/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

FAIRFIELD EXECUTIVE INN INC.

Borrower Address

216 US Highway 46 # 234

Borrower City

Fairfield

Borrower State

NJ

Borrower Zip

07004-2324

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

499899.41

Current Approval Amount

499899.41

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairfield

Project County Name

ESSEX

Project State

NJ

Project Zip

07004-2324

CD

NJ-11

Jobs Reported

17

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

499894.41

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

Subchapter S Corporation

Originating Lender Location Id

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

503761.65

Forgiveness Date

11/16/2021

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