L&B MOTEL INC

PPP loan information & details

Business Information

Historical loan information does not establish current debt or wrongdoing. Missing values are shown as “Not reported”; recorded zeros remain zero. SBA source and field definitions.

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Business L&B MOTEL INC
Business Type Subchapter S Corporation
Business Category Hotels (except Casino Hotels) and Motels
Business Address 725 US HIGHWAY 1
ELIZABETH NJ 07202-3537
Jobs Retained 27
Loan Amount $77,500
Forgiveness Amount $78,172

Amount recorded as forgiven in the source. Do not subtract it from the approved amount to infer a current balance.

Loan Status Paid in Full

The source records this loan as paid in full. This status alone does not distinguish repayment from forgiveness.

Status date: Apr 3, 2021

Date Approved 04/28/2020
Lender Amboy Bank
3590 US Hwy 9 South
OLD BRIDGE NJ 08857-2765
Ethnicity Owned White
Gender of Owner Male Owned
Is Owner a Veteran? Non-Veteran