PPP Loan information for Palmer hotel llc

$175,535

Palmer hotel llc was initially approved for PPP Loan of amount $175,535, the current approved amount is $175,535. The loan was approved on 01/23/2021 by The American Bank reported 20 jobs and $175,535 was used to fund payroll.

Palmer hotel llc is Existing or more than 2 years old

PPP Loan Search / PA / Easton / Palmer hotel llc

PALMER HOTEL LLC

Date Approved

01/23/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PALMER HOTEL LLC

Borrower Address

90 Kunkle Dr

Borrower City

Easton

Borrower State

PA

Borrower Zip

18045-2662

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

175535.00

Current Approval Amount

175535.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Easton

Project County Name

NORTHAMPTON

Project State

PA

Project Zip

18045-2662

CD

PA-07

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

175533.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176836.88

Forgiveness Date

10/25/2021

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