PPP Loan information for South perkasie hotel inc

$429,244

South perkasie hotel inc was initially approved for PPP Loan of amount $429,244, the current approved amount is $429,244. The loan was approved on 04/04/2021 by The Penn Community Bank reported 99 jobs and $429,244 was used to fund payroll.

South perkasie hotel inc is Existing or more than 2 years old

SOUTH PERKASIE HOTEL INC

Date Approved

04/04/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SOUTH PERKASIE HOTEL INC

Borrower Address

501 E Walnut St

Borrower City

Perkasie

Borrower State

PA

Borrower Zip

18944-1914

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

429243.50

Current Approval Amount

429243.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Perkasie

Project County Name

BUCKS

Project State

PA

Project Zip

18944-1914

CD

PA-01

Jobs Reported

99

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

429241.50

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

Corporation

Originating Lender Location Id

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

432450.90

Forgiveness Date

01/03/2022

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