Spring Valley Hotel LP

$312,000 PPP Loan in Exton, Pennsylvania

Loan Details

Loan Number
2883318405
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$312,000
Current Approval
$312,000
Forgiveness Amount
$314,487
Forgiveness Date
Nov 26, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Spring Valley Hotel LP
Address
707 Eagleview Blvd
City
Exton
ZIP Code
19341-1159
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Residence Inn by Marriott
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$9.4M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$311,998
Utilities
$1

Lender Information

Servicing Lender
Mid Penn Bank
Originating Lender
Mid Penn Bank

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