PPP Loan information for Independence square hotel partners lp

$928,200

Independence square hotel partners lp was initially approved for PPP Loan of amount $928,200, the current approved amount is $928,200. The loan was approved on 02/12/2021 by The Mid Penn Bank reported 52 jobs and $928,200 was used to fund payroll.

Independence square hotel partners lp is Existing or more than 2 years old

INDEPENDENCE SQUARE HOTEL PARTNERS LP

Date Approved

02/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

INDEPENDENCE SQUARE HOTEL PARTNERS LP

Borrower Address

401 Chestnut St

Borrower City

Philadelphia

Borrower State

PA

Borrower Zip

19106-2425

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

928200.00

Current Approval Amount

928200.00

Undisbursed Amount

0.00

Franchise Name

Renaissance by Marriott

Servicing Lender Location Id

61087

Servicing Lender Name

Mid Penn Bank

Servicing Lender Address

349 Union St

Servicing Lender City

MILLERSBURG

Servicing Lender State

PA

Servicing Lender Zip

17061-1611

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Philadelphia

Project County Name

PHILADELPHIA

Project State

PA

Project Zip

19106-2425

CD

PA-02

Jobs Reported

52

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

928198.00

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

Partnership

Originating Lender Location Id

61087

Originating Lender

Mid Penn Bank

Originating Lender City

MILLERSBURG

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

934697.40

Forgiveness Date

10/27/2021

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