PPP Loan information for Nicotra hotel i llc

$2,000,000

Nicotra hotel i llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/02/2021 by The Valley National Bank reported 90 jobs and $2,000,000 was used to fund payroll.

Nicotra hotel i llc is Existing or more than 2 years old

PPP Loan Search / NY / Staten Island / Nicotra hotel i llc

NICOTRA HOTEL I LLC

Date Approved

02/02/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

NICOTRA HOTEL I LLC

Borrower Address

1100 South Ave

Borrower City

Staten Island

Borrower State

NY

Borrower Zip

10314-3410

Loan Status Date

04/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Staten Island

Project County Name

RICHMOND

Project State

NY

Project Zip

10314-3410

CD

NY-11

Jobs Reported

90

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999996.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2021666.67

Forgiveness Date

03/01/2022

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