Date Approved
03/01/2021
SBA Office Code
0299
Processing Method
PPS
Borrower Name
RATAN HOTEL PLAZA LLC
Borrower Address
120 Evergreen Pl
Borrower City
East Orange
Borrower State
NJ
Borrower Zip
07018-2000
Loan Status Date
02/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
302351.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Ramada by Wyndham
Servicing Lender Location Id
111946
Servicing Lender Name
State Bank of Texas
Servicing Lender Address
11950 Webb Chapel Rd
Servicing Lender City
DALLAS
Servicing Lender State
TX
Servicing Lender Zip
75234-7724
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
CD
NJ-10
Jobs Reported
25
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
1.00
Payroll Proceed
302347.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
305122.55
Forgiveness Date
01/26/2022