PPP Loan information for Royal somerset inn llc

$203,344

Royal somerset inn llc was initially approved for PPP Loan of amount $203,344, the current approved amount is $203,344. The loan was approved on 01/25/2021 by The Provident Bank reported 29 jobs and $203,344 was used to fund payroll.

Royal somerset inn llc is Existing or more than 2 years old

PPP Loan Search / NJ / Somerset / Royal somerset inn llc

ROYAL SOMERSET INN LLC

Date Approved

01/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ROYAL SOMERSET INN LLC

Borrower Address

315 Davidson Ave

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-4119

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

203344.31

Current Approval Amount

203344.31

Undisbursed Amount

0.00

Franchise Name

Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Somerset

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-4119

CD

NJ-12

Jobs Reported

29

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

203341.31

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205004.49

Forgiveness Date

11/26/2021

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