PPP Loan information for American youth hostels inc.

$2,000,000

American youth hostels inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/15/2021 by The Loan Source Incorporated reported 156 jobs and $2,000,000 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

03/15/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

AMERICAN YOUTH HOSTELS INC.

Borrower Address

8455 Colesville Rd Ste 1225

Borrower City

Silver Spring

Borrower State

MD

Borrower Zip

20910-6338

Loan Status Date

06/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silver Spring

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-6338

CD

MD-08

Jobs Reported

156

NAICS Code

721199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999995.00

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

2023342.47

Forgiveness Date

05/26/2022

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