PPP Loan information for Raleigh manchester hotel ltd

$672,500

Raleigh manchester hotel ltd was initially approved for PPP Loan of amount $672,500, the current approved amount is $672,500. The loan was approved on 04/14/2020 by The Truist Bank reported 101 jobs and $672,500 was used to fund payroll.

Raleigh manchester hotel ltd is Existing or more than 2 years old

PPP Loan Search / NJ / MOUNT LAUREL / Raleigh manchester hotel ltd

RALEIGH MANCHESTER HOTEL LTD

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

RALEIGH MANCHESTER HOTEL LTD

Borrower Address

515 FELLOWSHIP RD

Borrower City

MOUNT LAUREL

Borrower State

NJ

Borrower Zip

08054-3404

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672500.00

Current Approval Amount

672500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT LAUREL

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08054-3404

CD

NJ-03

Jobs Reported

101

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

672500.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

316461.89

Forgiveness Date

12/29/2021

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