PPP Loan information for Galloping hill inn inc.

$235,000

Galloping hill inn inc. was initially approved for PPP Loan of amount $258,500, the current approved amount is $235,000. The loan was approved on 04/09/2020 by The ConnectOne Bank reported 53 jobs and $235,000 was used to fund payroll.

Galloping hill inn inc. is Existing or more than 2 years old

GALLOPING HILL INN INC.

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

GALLOPING HILL INN INC.

Borrower Address

325 Chestnut Street

Borrower City

UNION

Borrower State

NJ

Borrower Zip

07083-9425

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258500.00

Current Approval Amount

235000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

UNION

Project County Name

UNION

Project State

NJ

Project Zip

07083-9425

CD

NJ-10

Jobs Reported

53

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

235000.00

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

Corporation

Originating Lender Location Id

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

237852.64

Forgiveness Date

07/02/2021

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