PPP Loan information for Newton inn llc

$158,420

Newton inn llc was initially approved for PPP Loan of amount $158,420, the current approved amount is $158,420. The loan was approved on 03/13/2021 by The Provident Bank reported 22 jobs and $158,420 was used to fund payroll.

Newton inn llc is Existing or more than 2 years old

PPP Loan Search / NJ / Newton / Newton inn llc

NEWTON INN LLC

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

NEWTON INN LLC

Borrower Address

6 N Park Dr

Borrower City

Newton

Borrower State

NJ

Borrower Zip

07860-1449

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158420.23

Current Approval Amount

158420.23

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newton

Project County Name

SUSSEX

Project State

NJ

Project Zip

07860-1449

CD

NJ-05

Jobs Reported

22

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

158420.23

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

Limited Liability Company(LLC)

Originating Lender Location Id

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

159149.40

Forgiveness Date

09/01/2021

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