PPP Loan information for Edison hotel operations llc

$1,480,661

Edison hotel operations llc was initially approved for PPP Loan of amount $1,480,661, the current approved amount is $1,480,661. The loan was approved on 02/17/2021 by The Fountainhead SBF LLC reported 93 jobs and $1,480,661 was used to fund payroll.

Edison hotel operations llc is Existing or more than 2 years old

PPP Loan Search / NJ / Edison / Edison hotel operations llc

EDISON HOTEL OPERATIONS LLC

Date Approved

02/17/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

EDISON HOTEL OPERATIONS LLC

Borrower Address

125 Raritan Center Pkwy

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08837-3614

Loan Status Date

12/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1480661.00

Current Approval Amount

1480661.00

Undisbursed Amount

0.00

Franchise Name

Sheraton

Servicing Lender Location Id

524612

Servicing Lender Name

Fountainhead SBF LLC

Servicing Lender Address

3216 W. Lake Mary Blvd

Servicing Lender City

LAKE MARY

Servicing Lender State

FL

Servicing Lender Zip

32746

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

08837-3614

CD

NJ-06

Jobs Reported

93

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1480658.00

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

100631

Originating Lender

Greater Nevada CU

Originating Lender City

CARSON CITY

Originating Lender State

NV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1506531.44

Forgiveness Date

11/10/2022

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