PPP Loan information for Paterson hotel llc

$51,805

Paterson hotel llc was initially approved for PPP Loan of amount $51,805, the current approved amount is $51,805. The loan was approved on 04/16/2020 by The State Bank of Texas reported 9 jobs and $51,805 was used to fund payroll.

Paterson hotel llc is Existing or more than 2 years old

PPP Loan Search / NJ / PATERSON / Paterson hotel llc

PATERSON HOTEL LLC

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PATERSON HOTEL LLC

Borrower Address

411 BROADWAY

Borrower City

PATERSON

Borrower State

NJ

Borrower Zip

07501-2104

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51805.14

Current Approval Amount

51805.14

Undisbursed Amount

0.00

Franchise Name

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PATERSON

Project County Name

PASSAIC

Project State

NJ

Project Zip

07501-2104

CD

NJ-09

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5180.15

Payroll Proceed

38853.85

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

7771.14

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

Unanswered

Non Profit

Forgiveness Amount

52287.22

Forgiveness Date

03/24/2021

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