PPP Loan information for Falcon hotel corp

$1,902,172

Falcon hotel corp was initially approved for PPP Loan of amount $1,902,172, the current approved amount is $1,902,172. The loan was approved on 04/09/2021 by The New Valley Bank & Trust reported 173 jobs and $1,902,172 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

04/09/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

FALCON HOTEL CORP

Borrower Address

1 Monarch Pl

Borrower City

Springfield

Borrower State

MA

Borrower Zip

01144-1099

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1902171.98

Current Approval Amount

1902171.98

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

01144-1099

CD

MA-01

Jobs Reported

173

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1902167.98

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

1914575.18

Forgiveness Date

12/14/2021

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