PPP Loan information for Pan american hotel llc

$290,178

Pan american hotel llc was initially approved for PPP Loan of amount $290,178, the current approved amount is $290,178. The loan was approved on 03/25/2021 by The The First National Bank of Elmer reported 22 jobs and $290,178 was used to fund payroll.

Pan american hotel llc is Existing or more than 2 years old

PAN AMERICAN HOTEL LLC

Date Approved

03/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PAN AMERICAN HOTEL LLC

Borrower Address

5901 Ocean Ave

Borrower City

Wildwood Crest

Borrower State

NJ

Borrower Zip

08260-4227

Loan Status Date

09/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

290178.00

Current Approval Amount

290178.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43228

Servicing Lender Name

The First National Bank of Elmer

Servicing Lender Address

10 S Main St

Servicing Lender City

ELMER

Servicing Lender State

NJ

Servicing Lender Zip

08318-2264

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wildwood Crest

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08260-4227

CD

NJ-02

Jobs Reported

22

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

290173.00

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

43228

Originating Lender

The First National Bank of Elmer

Originating Lender City

ELMER

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

294041.74

Forgiveness Date

08/08/2022

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