PPP Loan information for Ratan group ii hotel llc

$89,820

Ratan group ii hotel llc was initially approved for PPP Loan of amount $89,820, the current approved amount is $89,820. The loan was approved on 02/11/2021 by The State Bank of Texas reported 8 jobs and $89,820 was used to fund payroll.

Ratan group ii hotel llc is Existing or more than 2 years old

RATAN GROUP II HOTEL LLC

Date Approved

02/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

RATAN GROUP II HOTEL LLC

Borrower Address

178 Spring St

Borrower City

Elizabeth

Borrower State

NJ

Borrower Zip

07201-2659

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89820.00

Current Approval Amount

89820.00

Undisbursed Amount

0.00

Franchise Name

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

Elizabeth

Project County Name

UNION

Project State

NJ

Project Zip

07201-2659

CD

NJ-08

Jobs Reported

8

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

89816.00

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

111946

Originating Lender

State Bank of Texas

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

90556.02

Forgiveness Date

12/06/2021

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