PPP Loan information for Ratan hotel plaza llc

$302,351

Ratan hotel plaza llc was initially approved for PPP Loan of amount $302,351, the current approved amount is $302,351. The loan was approved on 03/01/2021 by The State Bank of Texas reported 25 jobs and $302,351 was used to fund payroll.

Ratan hotel plaza llc is Existing or more than 2 years old

RATAN HOTEL PLAZA LLC

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

302351.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

East Orange

Project County Name

ESSEX

Project State

NJ

Project Zip

07018-2000

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

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

111946

Originating Lender

State Bank of Texas

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305122.55

Forgiveness Date

01/26/2022

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