PPP Loan information for Bensalem lodging associates llc

$276,419

Bensalem lodging associates llc was initially approved for PPP Loan of amount $276,419, the current approved amount is $276,419. The loan was approved on 02/09/2021 by The Univest Bank and Trust Co. reported 25 jobs and $276,419 was used to fund payroll.

Bensalem lodging associates llc is Existing or more than 2 years old

BENSALEM LODGING ASSOCIATES LLC

Date Approved

02/09/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

BENSALEM LODGING ASSOCIATES LLC

Borrower Address

3327 Street Rd

Borrower City

Bensalem

Borrower State

PA

Borrower Zip

19020-2021

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

276419.00

Current Approval Amount

276419.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

65350

Servicing Lender Name

Univest Bank and Trust Co.

Servicing Lender Address

14 N Main St

Servicing Lender City

SOUDERTON

Servicing Lender State

PA

Servicing Lender Zip

18964-1713

Rural Urban Indicator

U

Hubzone Indicator

N

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

19020-2021

CD

PA-01

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

276419.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

65350

Originating Lender

Univest Bank and Trust Co.

Originating Lender City

SOUDERTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

278342.57

Forgiveness Date

10/25/2021

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