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
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
UNION
Project State
Project Zip
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
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
Male Owned
Veteran
Unanswered
Non Profit
Forgiveness Amount
90556.02
Forgiveness Date
12/06/2021