PPP Loan information for Forty acres hospitality llc

$306,800

Forty acres hospitality llc was initially approved for PPP Loan of amount $306,800, the current approved amount is $306,800. The loan was approved on 02/08/2021 by The Mid Penn Bank reported 20 jobs and $306,800 was used to fund payroll.

Forty acres hospitality llc is Existing or more than 2 years old

PPP Loan Search / DE / Wilmington / Forty acres hospitality llc

FORTY ACRES HOSPITALITY LLC

Date Approved

02/08/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

FORTY ACRES HOSPITALITY LLC

Borrower Address

829 N Market St

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19801-3010

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

306800.00

Current Approval Amount

306800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19801-3010

CD

DE-

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

306798.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

309765.73

Forgiveness Date

01/31/2022

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