PPP Loan information for Falcon hotel corp

$1,442,800

Falcon hotel corp was initially approved for PPP Loan of amount $1,442,800, the current approved amount is $1,442,800. The loan was approved on 04/07/2020 by The New Valley Bank & Trust reported 173 jobs and $1,442,800 was used to fund payroll.

Falcon hotel corp is Existing or more than 2 years old

PPP Loan Search / MA / SPRINGFIELD / Falcon hotel corp

FALCON HOTEL CORP

Date Approved

04/07/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

FALCON HOTEL CORP

Borrower Address

1 MONARCH PL

Borrower City

SPRINGFIELD

Borrower State

MA

Borrower Zip

01144-0100

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1442800.00

Current Approval Amount

1442800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

526572

Servicing Lender Name

New Valley Bank & Trust

Servicing Lender Address

One Monarch Place Suite 910

Servicing Lender City

Springfield

Servicing Lender State

MA

Servicing Lender Zip

01144

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

HAMPDEN

Project State

MA

Project Zip

01144-0100

CD

MA-01

Jobs Reported

173

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1442800.00

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

Subchapter S Corporation

Originating Lender Location Id

526572

Originating Lender

New Valley Bank & Trust

Originating Lender City

Springfield

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1460074.07

Forgiveness Date

09/07/2021

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