PPP Loan information for Robert treat hotel inc

$795,571

Robert treat hotel inc was initially approved for PPP Loan of amount $795,571, the current approved amount is $795,571. The loan was approved on 01/29/2021 by The Santander Bank, National Association reported 51 jobs and $795,571 was used to fund payroll.

Robert treat hotel inc is Existing or more than 2 years old

PPP Loan Search / NJ / Newark / Robert treat hotel inc

ROBERT TREAT HOTEL INC

Date Approved

01/29/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

ROBERT TREAT HOTEL INC

Borrower Address

50 Park Pl

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102-4308

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

795571.00

Current Approval Amount

795571.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-4308

CD

NJ-10

Jobs Reported

51

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

795568.00

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

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

800518.80

Forgiveness Date

09/17/2021

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