PPP Loan information for Spring valley hotel lp

$312,000

Spring valley hotel lp was initially approved for PPP Loan of amount $312,000, the current approved amount is $312,000. The loan was approved on 02/04/2021 by The Mid Penn Bank reported 30 jobs and $312,000 was used to fund payroll.

Spring valley hotel lp is Existing or more than 2 years old

SPRING VALLEY HOTEL LP

Date Approved

02/04/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SPRING VALLEY HOTEL LP

Borrower Address

707 Eagleview Blvd

Borrower City

Exton

Borrower State

PA

Borrower Zip

19341-1159

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

312000.00

Current Approval Amount

312000.00

Undisbursed Amount

0.00

Franchise Name

Residence Inn by Marriott

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Exton

Project County Name

CHESTER

Project State

PA

Project Zip

19341-1159

CD

PA-06

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

311998.00

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

Partnership

Originating Lender Location Id

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

314487.33

Forgiveness Date

11/26/2021

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