PPP Loan information for New falls motel inc.

$11,000

New falls motel inc. was initially approved for PPP Loan of amount $11,000, the current approved amount is $11,000. The loan was approved on 01/31/2021 by The Newtek Small Business Finance, Inc. reported 3 jobs and $11,000 was used to fund payroll.

New falls motel inc. is Existing or more than 2 years old

PPP Loan Search / PA / Fairless Hills / New falls motel inc.

NEW FALLS MOTEL INC.

Date Approved

01/31/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

NEW FALLS MOTEL INC.

Borrower Address

201 Lincoln Hwy

Borrower City

Fairless Hills

Borrower State

PA

Borrower Zip

19030-1101

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

11000.00

Current Approval Amount

11000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fairless Hills

Project County Name

BUCKS

Project State

PA

Project Zip

19030-1101

CD

PA-01

Jobs Reported

3

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

10997.00

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

Subchapter S Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

11063.56

Forgiveness Date

12/09/2021

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