Motel Hotel Associates INC

$921,596 PPP Loan in Danbury, Connecticut

Loan Details

Loan Number
3862518510
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$921,596
Current Approval
$921,596
Forgiveness Amount
$932,680
Forgiveness Date
May 24, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Motel Hotel Associates INC
Address
7 Kenosia Ave Ste 2a
ZIP Code
06810-7396
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
$921,589
Utilities
$1

Lender Information

Servicing Lender
Old Dominion National Bank
Originating Lender
Old Dominion National Bank

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