PPP Loan information for Newark inn, inc.

$112,344

Newark inn, inc. was initially approved for PPP Loan of amount $112,344, the current approved amount is $112,344. The loan was approved on 04/27/2020 by The American Spirit FCU reported 24 jobs and $112,344 was used to fund payroll.

Newark inn, inc. is New Business or 2 years or less

PPP Loan Search / DE / NEWARK / Newark inn, inc.

NEWARK INN, INC.

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

NEWARK INN, INC.

Borrower Address

65 Geoffrey Drive

Borrower City

NEWARK

Borrower State

DE

Borrower Zip

19713-3603

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

112343.75

Current Approval Amount

112343.75

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

93773

Servicing Lender Name

American Spirit FCU

Servicing Lender Address

1110 Elkton Rd

Servicing Lender City

NEWARK

Servicing Lender State

DE

Servicing Lender Zip

19711-3509

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

NEWARK

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-3603

CD

DE-

Jobs Reported

24

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

112343.75

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

93773

Originating Lender

American Spirit FCU

Originating Lender City

NEWARK

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

113975.86

Forgiveness Date

10/07/2021

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