PPP Loan information for Fairmount hospitality llc

$37,416

Fairmount hospitality llc was initially approved for PPP Loan of amount $59,868, the current approved amount is $37,416. The loan was approved on 04/15/2020 by The PromiseOne Bank reported 21 jobs and $37,416 was used to fund payroll.

Fairmount hospitality llc is Existing or more than 2 years old

FAIRMOUNT HOSPITALITY LLC

Date Approved

04/15/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

FAIRMOUNT HOSPITALITY LLC

Borrower Address

101 BROAD ST

Borrower City

STROUDSBURG

Borrower State

PA

Borrower Zip

18360-1649

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59867.50

Current Approval Amount

37416.00

Undisbursed Amount

0.00

Franchise Name

Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice Hotels/Clarion Pointe by Choice Hotels

Servicing Lender Location Id

461279

Servicing Lender Name

PromiseOne Bank

Servicing Lender Address

2385 Pleasant Hill Rd

Servicing Lender City

DULUTH

Servicing Lender State

GA

Servicing Lender Zip

30096-4323

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STROUDSBURG

Project County Name

MONROE

Project State

PA

Project Zip

18360-1649

CD

PA-08

Jobs Reported

21

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37416.00

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

461279

Originating Lender

PromiseOne Bank

Originating Lender City

DULUTH

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37741.98

Forgiveness Date

03/05/2021

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