PPP Loan information for Jelms hotel company lp

$753,841

Jelms hotel company lp was initially approved for PPP Loan of amount $753,841, the current approved amount is $753,841. The loan was approved on 01/19/2021 by The Old Dominion National Bank reported 55 jobs and $753,841 was used to fund payroll.

Jelms hotel company lp is Existing or more than 2 years old

PPP Loan Search / PA / State College / Jelms hotel company lp

JELMS HOTEL COMPANY LP

Date Approved

01/19/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

JELMS HOTEL COMPANY LP

Borrower Address

1965 Waddle Rd

Borrower City

State College

Borrower State

PA

Borrower Zip

16803-1639

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

753840.50

Current Approval Amount

753840.50

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

State College

Project County Name

CENTRE

Project State

PA

Project Zip

16803-1639

CD

PA-15

Jobs Reported

55

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

753838.50

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 Partnership

Originating Lender Location Id

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

759230.98

Forgiveness Date

10/25/2021

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