PPP Loan information for Cherry hill hotel management llc

$1,231,682

Cherry hill hotel management llc was initially approved for PPP Loan of amount $1,231,682, the current approved amount is $1,231,682. The loan was approved on 04/10/2020 by The Customers Bank reported 132 jobs and $1,231,682 was used to fund payroll.

Cherry hill hotel management llc is Existing or more than 2 years old

CHERRY HILL HOTEL MANAGEMENT LLC

Date Approved

04/10/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

CHERRY HILL HOTEL MANAGEMENT LLC

Borrower Address

2349 W. Marlton Pike

Borrower City

CHERRY HILL

Borrower State

NJ

Borrower Zip

08002

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1231682.00

Current Approval Amount

1231682.00

Undisbursed Amount

0.00

Franchise Name

Crowne Plaza

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHERRY HILL

Project County Name

CAMDEN

Project State

NJ

Project Zip

08002-0011

CD

NJ-01

Jobs Reported

132

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1231682.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1244707.46

Forgiveness Date

05/06/2021

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