PPP Loan information for Mount royal inn inc

$6,917

Mount royal inn inc was initially approved for PPP Loan of amount $15,000, the current approved amount is $6,917. The loan was approved on 04/16/2020 by The Hanover Community Bank reported 3 jobs and $6,917 was used to fund payroll.

Mount royal inn inc is Existing or more than 2 years old

MOUNT ROYAL INN INC

Date Approved

04/16/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MOUNT ROYAL INN INC

Borrower Address

2447 Berlin TPKe Berlin

Borrower City

Berlin

Borrower State

CT

Borrower Zip

06457

Loan Status Date

05/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15000.00

Current Approval Amount

6916.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Berlin

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06457-0001

CD

CT-01

Jobs Reported

3

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6916.67

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6980.07

Forgiveness Date

04/01/2021

;