PPP Loan information for Somerset hospitality holdings llc

$116,836

Somerset hospitality holdings llc was initially approved for PPP Loan of amount $116,836, the current approved amount is $116,836. The loan was approved on 01/27/2021 by The Hanover Community Bank reported 14 jobs and $116,836 was used to fund payroll.

Somerset hospitality holdings llc is Existing or more than 2 years old

PPP Loan Search / NJ / Somerset / Somerset hospitality holdings llc

SOMERSET HOSPITALITY HOLDINGS LLC

Date Approved

01/27/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SOMERSET HOSPITALITY HOLDINGS LLC

Borrower Address

11 Cedar Grove Ln

Borrower City

Somerset

Borrower State

NJ

Borrower Zip

08873-1377

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

116835.60

Current Approval Amount

116835.60

Undisbursed Amount

0.00

Franchise Name

Ascend Hotel Collection by Choice

Servicing Lender Location Id

462816

Servicing Lender Name

Hanover Community Bank

Servicing Lender Address

80 East Jericho Turnpike

Servicing Lender City

Mineola

Servicing Lender State

NY

Servicing Lender Zip

11501

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

08873-1377

CD

NJ-12

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

116829.60

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

462816

Originating Lender

Hanover Community Bank

Originating Lender City

Mineola

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118101.32

Forgiveness Date

03/01/2022

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