PPP Loan information for Reading hospitality management co llc

$1,538,932

Reading hospitality management co llc was initially approved for PPP Loan of amount $1,538,932, the current approved amount is $1,538,932. The loan was approved on 02/06/2021 by The Customers Bank reported 217 jobs and $1,538,932 was used to fund payroll.

Reading hospitality management co llc is Existing or more than 2 years old

READING HOSPITALITY MANAGEMENT CO LLC

Date Approved

02/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

READING HOSPITALITY MANAGEMENT CO LLC

Borrower Address

701 Penn St

Borrower City

Reading

Borrower State

PA

Borrower Zip

19601-3510

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1538932.00

Current Approval Amount

1538932.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19601-3510

CD

PA-06

Jobs Reported

217

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1538929.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1555965.66

Forgiveness Date

04/05/2022

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