PPP Loan information for Preet hotel llc

$98,084

Preet hotel llc was initially approved for PPP Loan of amount $98,084, the current approved amount is $98,084. The loan was approved on 01/30/2021 by The OneLocal Bank reported 11 jobs and $98,084 was used to fund payroll.

Preet hotel llc is Existing or more than 2 years old

PPP Loan Search / MA / Malden / Preet hotel llc

PREET HOTEL LLC

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

PREET HOTEL LLC

Borrower Address

321 Broadway

Borrower City

Malden

Borrower State

MA

Borrower Zip

02148-4521

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98084.00

Current Approval Amount

98084.00

Undisbursed Amount

0.00

Franchise Name

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Choice Hotels

Servicing Lender Location Id

89266

Servicing Lender Name

OneLocal Bank

Servicing Lender Address

11 Central St

Servicing Lender City

NORWOOD

Servicing Lender State

MA

Servicing Lender Zip

02062-3505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Malden

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02148-4521

CD

MA-05

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

98079.00

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

89266

Originating Lender

OneLocal Bank

Originating Lender City

NORWOOD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98793.43

Forgiveness Date

10/26/2021

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