PPP Loan information for Welcome hotel group llc

$124,125

Welcome hotel group llc was initially approved for PPP Loan of amount $124,125, the current approved amount is $124,125. The loan was approved on 04/08/2020 by The Wayne Bank reported 10 jobs and $124,125 was used to fund payroll.

Welcome hotel group llc is New Business or 2 years or less

PPP Loan Search / PA / STROUDSBURG / Welcome hotel group llc

WELCOME HOTEL GROUP LLC

Date Approved

04/08/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

WELCOME HOTEL GROUP LLC

Borrower Address

1863 West Main Street

Borrower City

STROUDSBURG

Borrower State

PA

Borrower Zip

18360-1054

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124125.00

Current Approval Amount

124125.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

60383

Servicing Lender Name

Wayne Bank

Servicing Lender Address

717 Main St

Servicing Lender City

HONESDALE

Servicing Lender State

PA

Servicing Lender Zip

18431-1844

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

STROUDSBURG

Project County Name

MONROE

Project State

PA

Project Zip

18360-1054

CD

PA-08

Jobs Reported

10

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124125.00

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

60383

Originating Lender

Wayne Bank

Originating Lender City

HONESDALE

Originating Lender State

PA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

125159.38

Forgiveness Date

02/09/2021

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