PPP Loan information for New london hospitality llc

Date Approved

04/27/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

NEW LONDON HOSPITALITY LLC

Borrower Address

269 N. Frontage Rd.

Borrower City

New London

Borrower State

CT

Borrower Zip

06320

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49300.00

Current Approval Amount

49300.00

Undisbursed Amount

0.00

Franchise Name

Clarion Inn by Choice Hotels/Clarion Inn & Suites by Choice Hotels/Clarion Pointe by Choice Hotels

Servicing Lender Location Id

112477

Servicing Lender Name

Republic First Bank d/b/a Republic Bank

Servicing Lender Address

50 S 16th St, Ste 2400

Servicing Lender City

PHILADELPHIA

Servicing Lender State

PA

Servicing Lender Zip

19102-2526

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

NEW LONDON

Project State

CT

Project Zip

06320-0001

CD

CT-02

Jobs Reported

12

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

12325.00

Payroll Proceed

36975.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

112477

Originating Lender

Republic First Bank d/b/a Republic Bank

Originating Lender City

PHILADELPHIA

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49701.15

Forgiveness Date

02/26/2021