PPP Loan information for Oaks hotel llc

$278,286

Oaks hotel llc was initially approved for PPP Loan of amount $278,286, the current approved amount is $278,286. The loan was approved on 04/28/2020 by The Wilmington Savings Fund Society, FSB reported 19 jobs and $278,286 was used to fund payroll.

Oaks hotel llc is Existing or more than 2 years old

OAKS HOTEL LLC

Date Approved

04/28/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

OAKS HOTEL LLC

Borrower Address

500 CRESSON BLVD

Borrower City

PHOENIXVILLE

Borrower State

PA

Borrower Zip

19460-6139

Loan Status Date

02/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278286.00

Current Approval Amount

278286.00

Undisbursed Amount

0.00

Franchise Name

Hilton Hotels & Resorts

Servicing Lender Location Id

16710

Servicing Lender Name

Wilmington Savings Fund Society, FSB

Servicing Lender Address

500 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1490

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

19

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

278286.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

280680.02

Forgiveness Date

03/11/2021

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