PPP Loan information for Jiten hotel management inc

$1,740,718

Jiten hotel management inc was initially approved for PPP Loan of amount $1,740,718, the current approved amount is $1,740,718. The loan was approved on 01/27/2021 by The Rockland Trust Company reported 69 jobs and $1,740,718 was used to fund payroll.

Jiten hotel management inc is Existing or more than 2 years old

JITEN HOTEL MANAGEMENT INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

JITEN HOTEL MANAGEMENT INC

Borrower Address

495 Westgate Dr # 0

Borrower City

Brockton

Borrower State

MA

Borrower Zip

02301-1833

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1740718.00

Current Approval Amount

1740718.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brockton

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02301-1833

CD

MA-08

Jobs Reported

69

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1740716.00

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1758898.83

Forgiveness Date

02/09/2022

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