PPP Loan information for Stay jay hotels llc

$93,820

Stay jay hotels llc was initially approved for PPP Loan of amount $93,820, the current approved amount is $93,820. The loan was approved on 01/25/2021 by The The Farmers & Merchants State Bank reported 20 jobs and $93,820 was used to fund payroll.

Stay jay hotels llc is Existing or more than 2 years old

STAY JAY HOTELS LLC

Date Approved

01/25/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

STAY JAY HOTELS LLC

Borrower Address

19906 Briarley Hall Dr

Borrower City

Poolesville

Borrower State

MD

Borrower Zip

20837-2415

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

93820.30

Current Approval Amount

93820.30

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

53250

Servicing Lender Name

The Farmers & Merchants State Bank

Servicing Lender Address

307 N Defiance St

Servicing Lender City

ARCHBOLD

Servicing Lender State

OH

Servicing Lender Zip

43502-1162

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Poolesville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20837-2415

CD

MD-06

Jobs Reported

20

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

93815.30

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

53250

Originating Lender

The Farmers & Merchants State Bank

Originating Lender City

ARCHBOLD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

94208.43

Forgiveness Date

06/30/2021

;