PPP Loan information for New castle lodging corporation

$102,324

New castle lodging corporation was initially approved for PPP Loan of amount $102,324, the current approved amount is $102,324. The loan was approved on 04/30/2020 by The Lakeland Bank reported 10 jobs and $102,324 was used to fund payroll.

New castle lodging corporation is Existing or more than 2 years old

PPP Loan Search / NJ / LAWRENCE TOWNSHIP / New castle lodging corporation

NEW CASTLE LODGING CORPORATION

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEW CASTLE LODGING CORPORATION

Borrower Address

2995 BRUNSWICK PIKE

Borrower City

LAWRENCE TOWNSHIP

Borrower State

NJ

Borrower Zip

08648-2413

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

102324.00

Current Approval Amount

102324.00

Undisbursed Amount

0.00

Franchise Name

Motel 6

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE TOWNSHIP

Project County Name

MERCER

Project State

NJ

Project Zip

08648-2413

CD

NJ-03

Jobs Reported

10

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

69169.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

8155.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102306.70

Forgiveness Date

04/26/2021

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