PPP Loan information for Newton inn llc

$114,475

Newton inn llc was initially approved for PPP Loan of amount $114,475, the current approved amount is $114,475. The loan was approved on 04/09/2020 by The Provident Bank reported 20 jobs and $114,475 was used to fund payroll.

Newton inn llc is Existing or more than 2 years old

NEWTON INN LLC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

NEWTON INN LLC

Borrower Address

6 NORTH PARK DRIVE

Borrower City

NEWTON

Borrower State

NJ

Borrower Zip

07860-1149

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114475.00

Current Approval Amount

114475.00

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

Y

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

20

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

114475.00

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

115531.93

Forgiveness Date

03/17/2021

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