PPP Loan information for Monroe hotel inc

$331,184

Monroe hotel inc was initially approved for PPP Loan of amount $331,184, the current approved amount is $331,184. The loan was approved on 02/08/2021 by The NexTier Bank, National Association reported 48 jobs and $331,184 was used to fund payroll.

Monroe hotel inc is Existing or more than 2 years old

PPP Loan Search / PA / Butler / Monroe hotel inc

MONROE HOTEL INC

Date Approved

02/08/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

MONROE HOTEL INC

Borrower Address

400 E Jefferson St

Borrower City

Butler

Borrower State

PA

Borrower Zip

16001-4725

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

331184.00

Current Approval Amount

331184.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60658

Servicing Lender Name

NexTier Bank, National Association

Servicing Lender Address

222 Market St

Servicing Lender City

KITTANNING

Servicing Lender State

PA

Servicing Lender Zip

16201-1525

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Butler

Project County Name

BUTLER

Project State

PA

Project Zip

16001-4725

CD

PA-16

Jobs Reported

48

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

331179.00

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

60658

Originating Lender

NexTier Bank, National Association

Originating Lender City

KITTANNING

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

334413.04

Forgiveness Date

01/26/2022

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