PPP Loan information for Pared motel associates llc

$157,791

Pared motel associates llc was initially approved for PPP Loan of amount $157,791, the current approved amount is $157,791. The loan was approved on 01/20/2021 by The Lakeland Bank reported 14 jobs and $157,791 was used to fund payroll.

Pared motel associates llc is Existing or more than 2 years old

PARED MOTEL ASSOCIATES LLC

Date Approved

01/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PARED MOTEL ASSOCIATES LLC

Borrower Address

211 N State Rt 17

Borrower City

Paramus

Borrower State

NJ

Borrower Zip

07652-2903

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

157790.50

Current Approval Amount

157790.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Paramus

Project County Name

BERGEN

Project State

NJ

Project Zip

07652-2903

CD

NJ-05

Jobs Reported

14

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

157784.50

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

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

159793.56

Forgiveness Date

05/05/2022

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