Berkshire Inn, LP

$552,060 PPP Loan in Reading, Pennsylvania

Loan Details

Loan Number
5832457104
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$552,060
Current Approval
$552,060
Forgiveness Amount
$557,656
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Berkshire Inn, LP
Address
1741 Paper Mill Road
ZIP Code
19610
Business Type
Partnership
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Crowne Plaza
Business Age
Existing or more than 2 years old
Jobs Reported
79
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
PA-06

Loan Use Breakdown

Payroll
$414,045
Utilities
$16,586
Health Care
$21,429
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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