PPP Loan information for Redz hotel management llc

$127,000

Redz hotel management llc was initially approved for PPP Loan of amount $128,700, the current approved amount is $127,000. The loan was approved on 04/09/2020 by The Republic First Bank d/b/a Republic Bank reported 9 jobs and $127,000 was used to fund payroll.

Redz hotel management llc is Existing or more than 2 years old

PPP Loan Search / NJ / Morristown / Redz hotel management llc

REDZ HOTEL MANAGEMENT LLC

Date Approved

04/09/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

REDZ HOTEL MANAGEMENT LLC

Borrower Address

270 South St.

Borrower City

Morristown

Borrower State

NJ

Borrower Zip

07960-6019

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128700.00

Current Approval Amount

127000.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Morristown

Project County Name

MORRIS

Project State

NJ

Project Zip

07960-6019

CD

NJ-11

Jobs Reported

9

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

31750.00

Payroll Proceed

95250.00

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

128203.89

Forgiveness Date

04/02/2021

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