PPP Loan information for Smithville hospitality, inc.

$500,000

Smithville hospitality, inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/03/2020 by The Parke Bank reported 120 jobs and $500,000 was used to fund payroll.

Smithville hospitality, inc. is Existing or more than 2 years old

SMITHVILLE HOSPITALITY, INC.

Date Approved

04/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SMITHVILLE HOSPITALITY, INC.

Borrower Address

1 NORTH NEW YORK RD

Borrower City

GALLOWAY

Borrower State

NJ

Borrower Zip

08205-3027

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123439

Servicing Lender Name

Parke Bank

Servicing Lender Address

601 Delsea Dr

Servicing Lender City

SEWELL

Servicing Lender State

NJ

Servicing Lender Zip

08080-9325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GALLOWAY

Project County Name

ATLANTIC

Project State

NJ

Project Zip

08205-3027

CD

NJ-02

Jobs Reported

120

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

123439

Originating Lender

Parke Bank

Originating Lender City

SEWELL

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

506027.78

Forgiveness Date

06/29/2021

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