PPP Loan information for Newark inn inc.

$157,281

Newark inn inc. was initially approved for PPP Loan of amount $157,281, the current approved amount is $157,281. The loan was approved on 02/06/2021 by The American Spirit FCU reported 36 jobs and $157,281 was used to fund payroll.

Newark inn inc. is Existing or more than 2 years old

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

NEWARK INN INC.

Date Approved

02/06/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

NEWARK INN INC.

Borrower Address

65 Geoffrey Dr

Borrower City

Newark

Borrower State

DE

Borrower Zip

19713-3603

Loan Status Date

06/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157281.25

Current Approval Amount

157281.25

Undisbursed Amount

0.00

Franchise Name

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

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19713-3603

CD

DE-

Jobs Reported

36

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

157281.25

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

159238.53

Forgiveness Date

05/26/2022

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