Banta Motels of Connecticut INC

$171,909 PPP Loan in Poughkeepsie, New York

Loan Details

Loan Number
8035408402
Date Approved
Feb 12, 2021
Loan Status
Paid in Full
Initial Approval
$171,909
Current Approval
$171,909
Forgiveness Amount
$173,986
Forgiveness Date
May 9, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Banta Motels of Connecticut INC
Address
15 Collegeview Ave
ZIP Code
12603-2406
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Holiday Inn Express (license Agreement)
Business Age
Existing or more than 2 years old
Jobs Reported
32
Estimated Revenue
$10.0M
Rural/Urban
Urban
Congressional District
NY-18

Loan Use Breakdown

Payroll
$171,907
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Northeast Bank

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