PPP Loan information for Motel hotel associates, inc

$711,700

Motel hotel associates, inc was initially approved for PPP Loan of amount $711,700, the current approved amount is $711,700. The loan was approved on 04/15/2020 by The Newtek Small Business Finance, Inc. reported 40 jobs and $711,700 was used to fund payroll.

Motel hotel associates, inc is Existing or more than 2 years old

PPP Loan Search / CT / DANBURY / Motel hotel associates, inc

MOTEL HOTEL ASSOCIATES, INC

Date Approved

04/15/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

MOTEL HOTEL ASSOCIATES, INC

Borrower Address

7 KENOSIA AVE SUITE 2A

Borrower City

DANBURY

Borrower State

CT

Borrower Zip

06810-7305

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

711700.00

Current Approval Amount

711700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DANBURY

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06810-7305

CD

CT-05

Jobs Reported

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

711700.00

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

Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

726705.01

Forgiveness Date

05/20/2022

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