PPP Loan information for American youth hostels, inc.

$5,111,800

American youth hostels, inc. was initially approved for PPP Loan of amount $5,111,800, the current approved amount is $5,111,800. The loan was approved on 04/09/2020 by The Peapack-Gladstone Bank reported 497 jobs and $5,111,800 was used to fund payroll.

American youth hostels, inc. is Existing or more than 2 years old

PPP Loan Search / MD / SILVER SPRING / American youth hostels, inc.

AMERICAN YOUTH HOSTELS, INC.

Date Approved

04/09/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

AMERICAN YOUTH HOSTELS, INC.

Borrower Address

8401 COLESVILLE RD, SUITE 600

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20910-2841

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5111800.00

Current Approval Amount

5111800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43251

Servicing Lender Name

Peapack-Gladstone Bank

Servicing Lender Address

500 Hills Dr, Ste 300

Servicing Lender City

BEDMINSTER

Servicing Lender State

NJ

Servicing Lender Zip

07921-1538

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-2841

CD

MD-08

Jobs Reported

497

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5111800.00

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

Non-Profit Organization

Originating Lender Location Id

43251

Originating Lender

Peapack-Gladstone Bank

Originating Lender City

BEDMINSTER

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5176922.93

Forgiveness Date

08/02/2021

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