PPP Loan information for Worcester inns, inc.

$120,500

Worcester inns, inc. was initially approved for PPP Loan of amount $120,500, the current approved amount is $120,500. The loan was approved on 04/15/2020 by The Northwest Bank reported 18 jobs and $120,500 was used to fund payroll.

Worcester inns, inc. is Existing or more than 2 years old

WORCESTER INNS, INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

WORCESTER INNS, INC.

Borrower Address

55951 RUSSEL INDUSTRIAL PARKWAY

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46545-7544

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

120500.00

Current Approval Amount

120500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-7544

CD

IN-02

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3737.00

Payroll Proceed

8570.47

Mortgage Interest Proceed

6918.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

101274.53

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

121523.42

Forgiveness Date

02/23/2021

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