PPP Loan information for Starlite motel

$262,533

Starlite motel was initially approved for PPP Loan of amount $262,533, the current approved amount is $262,533. The loan was approved on 02/12/2021 by The Amboy Bank reported 54 jobs and $262,533 was used to fund payroll.

Starlite motel is Existing or more than 2 years old

STARLITE MOTEL

Date Approved

02/12/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

STARLITE MOTEL

Borrower Address

195 State Route 18

Borrower City

East Brunswick

Borrower State

NJ

Borrower Zip

08816-1412

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262533.00

Current Approval Amount

262533.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43940

Servicing Lender Name

Amboy Bank

Servicing Lender Address

3590 US Hwy 9 South

Servicing Lender City

OLD BRIDGE

Servicing Lender State

NJ

Servicing Lender Zip

08857-2765

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

East Brunswick

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-1412

CD

NJ-12

Jobs Reported

54

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

262530.00

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

Corporation

Originating Lender Location Id

43940

Originating Lender

Amboy Bank

Originating Lender City

OLD BRIDGE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

264312.39

Forgiveness Date

10/27/2021

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