PPP Loan information for Aark hospitality bensalem fr inc

$245,299

Aark hospitality bensalem fr inc was initially approved for PPP Loan of amount $245,299, the current approved amount is $245,299. The loan was approved on 02/12/2021 by The Parke Bank reported 14 jobs and $245,299 was used to fund payroll.

Aark hospitality bensalem fr inc is Existing or more than 2 years old

AARK HOSPITALITY BENSALEM FR INC

Date Approved

02/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

AARK HOSPITALITY BENSALEM FR INC

Borrower Address

2369 Street Rd

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020-2866

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245299.00

Current Approval Amount

245299.00

Undisbursed Amount

0.00

Franchise Name

Friendly's

Servicing Lender Location Id

123439

Servicing Lender Name

Parke Bank

Servicing Lender Address

601 Delsea Dr

Servicing Lender City

SEWELL

Servicing Lender State

NJ

Servicing Lender Zip

08080-9325

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bensalem

Project County Name

BUCKS

Project State

PA

Project Zip

19020-2866

CD

PA-01

Jobs Reported

14

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

245293.00

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

123439

Originating Lender

Parke Bank

Originating Lender City

SEWELL

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

248174.45

Forgiveness Date

04/25/2022

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