PPP Loan information for Airport hotel north llc

$864,353

Airport hotel north llc was initially approved for PPP Loan of amount $864,353, the current approved amount is $864,353. The loan was approved on 02/20/2021 by The Loan Source Incorporated reported 61 jobs and $864,353 was used to fund payroll.

Airport hotel north llc is Existing or more than 2 years old

AIRPORT HOTEL NORTH LLC

Date Approved

02/20/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

AIRPORT HOTEL NORTH LLC

Borrower Address

2035 State Route 27

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08817-3351

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

864353.00

Current Approval Amount

864353.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

08817-3351

CD

NJ-06

Jobs Reported

61

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

864348.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

781421.16

Forgiveness Date

05/23/2022

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