Motel Hotel Associates, INC

$711,700 PPP Loan in Danbury, Connecticut

Loan Details

Loan Number
1517437209
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$711,700
Current Approval
$711,700
Forgiveness Amount
$726,705
Forgiveness Date
May 20, 2022
Term
24 months
Draw
First Draw

Business Information

Business Name
Motel Hotel Associates, INC
Address
7 Kenosia Ave Suite 2a
ZIP Code
06810-7305
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$12.5M
Rural/Urban
Urban
Congressional District
CT-05

Loan Use Breakdown

Payroll
$711,700

Lender Information

Servicing Lender
Newtek Small Business Finance, Inc.
Originating Lender
Newtek Small Business Finance, Inc.

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