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
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
Servicing Lender Zip
07302-3828
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MIDDLESEX
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
947598.31
Forgiveness Date
04/14/2022