PPP Loan information for Preferred motor inn of new england inc

$103,142

Preferred motor inn of new england inc was initially approved for PPP Loan of amount $103,142, the current approved amount is $103,142. The loan was approved on 04/07/2020 by The Manufacturers and Traders Trust Company reported 15 jobs and $103,142 was used to fund payroll.

Preferred motor inn of new england inc is Existing or more than 2 years old

PREFERRED MOTOR INN OF NEW ENGLAND INC

Date Approved

04/07/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

PREFERRED MOTOR INN OF NEW ENGLAND INC

Borrower Address

818 CHARLESTOWN RD

Borrower City

SPRINGFIELD

Borrower State

VT

Borrower Zip

05156-9127

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103142.00

Current Approval Amount

103142.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

WINDSOR

Project State

VT

Project Zip

05156-9127

CD

VT-

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103142.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

104091.47

Forgiveness Date

03/22/2021

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