PPP Loan information for Hotel parsippany llc

$938,038

Hotel parsippany llc was initially approved for PPP Loan of amount $938,038, the current approved amount is $938,038. The loan was approved on 04/02/2021 by The Provident Bank reported 102 jobs and $938,038 was used to fund payroll.

Hotel parsippany llc is Existing or more than 2 years old

HOTEL PARSIPPANY LLC

Date Approved

04/02/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

HOTEL PARSIPPANY LLC

Borrower Address

2035 State Route 27

Borrower City

Edison

Borrower State

NJ

Borrower Zip

08817-3351

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

938038.03

Current Approval Amount

938038.03

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

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

08817-3351

CD

NJ-06

Jobs Reported

102

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

938033.03

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

947598.31

Forgiveness Date

04/14/2022

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