Date Approved
04/27/2020
SBA Office Code
0299
Processing Method
PPP
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
07/10/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
43184.00
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
CD
NJ-06
Jobs Reported
8
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
8000.00
Payroll Proceed
32000.00
Mortgage Interest Proceed
3184.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
43655.43
Forgiveness Date
06/04/2021