Date Approved
02/16/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
RATAN AC LLC
Borrower Address
539 E Absecon Blvd
Borrower City
Absecon
Borrower State
NJ
Borrower Zip
08201-2244
Loan Status Date
01/06/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
122307.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Travelodge by Wyndham
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
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ATLANTIC
Project State
Project Zip
CD
NJ-02
Jobs Reported
14
NAICS Code
721110
Race
Asian
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
122303.00
Mortgage Interest Proceed
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
Unanswered
Veteran
Non Profit
Forgiveness Amount
123302.44
Forgiveness Date
12/07/2021