PPP Loan information for Ivory hospitality inc

$298,732

Ivory hospitality inc was initially approved for PPP Loan of amount $298,732, the current approved amount is $298,732. The loan was approved on 02/02/2021 by The AmeriServ Financial Bank reported 98 jobs and $298,732 was used to fund payroll.

Ivory hospitality inc is Existing or more than 2 years old

IVORY HOSPITALITY INC

Date Approved

02/02/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

IVORY HOSPITALITY INC

Borrower Address

455 Theatre Dr

Borrower City

Johnstown

Borrower State

PA

Borrower Zip

15904-2842

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

298732.00

Current Approval Amount

298732.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

60613

Servicing Lender Name

AmeriServ Financial Bank

Servicing Lender Address

216 Franklin St

Servicing Lender City

JOHNSTOWN

Servicing Lender State

PA

Servicing Lender Zip

15901-1911

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Johnstown

Project County Name

CAMBRIA

Project State

PA

Project Zip

15904-2842

CD

PA-13

Jobs Reported

98

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

298727.00

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

60613

Originating Lender

AmeriServ Financial Bank

Originating Lender City

JOHNSTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302374.08

Forgiveness Date

05/02/2022

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