PPP Loan information for Oaks hotel llc

$398,016

Oaks hotel llc was initially approved for PPP Loan of amount $398,016, the current approved amount is $398,016. The loan was approved on 02/11/2021 by The Loan Source Incorporated reported 48 jobs and $398,016 was used to fund payroll.

Oaks hotel llc is Existing or more than 2 years old

PPP Loan Search / PA / Phoenixville / Oaks hotel llc

OAKS HOTEL LLC

Date Approved

02/11/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

OAKS HOTEL LLC

Borrower Address

500 Cresson Blvd

Borrower City

Phoenixville

Borrower State

PA

Borrower Zip

19460-6139

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

398016.00

Current Approval Amount

398016.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Phoenixville

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19460-6139

CD

PA-04

Jobs Reported

48

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

398013.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

401058.37

Forgiveness Date

11/26/2021

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