PPP Loan information for Palace hotel 313 llc

$60,459

Palace hotel 313 llc was initially approved for PPP Loan of amount $60,459, the current approved amount is $60,459. The loan was approved on 02/02/2021 by The State Bank of Texas reported 8 jobs and $60,459 was used to fund payroll.

Palace hotel 313 llc is Existing or more than 2 years old

PALACE HOTEL 313 LLC

Date Approved

02/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PALACE HOTEL 313 LLC

Borrower Address

1050 King George Rd

Borrower City

Fords

Borrower State

NJ

Borrower Zip

08863-2329

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60459.00

Current Approval Amount

60459.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111946

Servicing Lender Name

State Bank of Texas

Servicing Lender Address

11950 Webb Chapel Rd

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75234-7724

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fords

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08863-2329

CD

NJ-06

Jobs Reported

8

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

60456.00

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

111946

Originating Lender

State Bank of Texas

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61087.10

Forgiveness Date

02/14/2022

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