PPP Loan information for Aic hospitality group inc.

$108,600

Aic hospitality group inc. was initially approved for PPP Loan of amount $111,800, the current approved amount is $108,600. The loan was approved on 04/15/2020 by The Bank of Hope reported 6 jobs and $108,600 was used to fund payroll.

Aic hospitality group inc. is Existing or more than 2 years old

AIC HOSPITALITY GROUP INC.

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

AIC HOSPITALITY GROUP INC.

Borrower Address

21 CORTLANDT ST

Borrower City

EDISON

Borrower State

NJ

Borrower Zip

08837-2900

Loan Status Date

10/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111800.00

Current Approval Amount

108600.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

110359

Servicing Lender Name

Bank of Hope

Servicing Lender Address

3200 Wilshire Blvd 1st Fl

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90010

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDISON

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08837-2900

CD

NJ-06

Jobs Reported

6

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

108600.00

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

110359

Originating Lender

Bank of Hope

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

110034.12

Forgiveness Date

08/18/2021

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