Date Approved
04/16/2020
SBA Office Code
0101
Processing Method
PPP
Borrower Name
MOTEL REALTY CO., INC.
Borrower Address
735 Broadway
Borrower City
Malden
Borrower State
MA
Borrower Zip
02148
Loan Status Date
11/18/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
112326.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
456756
Servicing Lender Name
Cross River Bank
Servicing Lender Address
885 Teaneck Rd
Servicing Lender City
TEANECK
Servicing Lender State
NJ
Servicing Lender Zip
07666-4546
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
02148-0001
CD
MA-05
Jobs Reported
20
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
114024.74
Forgiveness Date
10/26/2021