AIC HOSPITALITY GROUP INC (NJ) - 2020 PPP Loan Borrower Profile (# 1492278502)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AIC HOSPITALITY GROUP INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in New Jersey.

Loan Detail

Loan Number

1492278502

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$150,000

Date Loan was Approved

Feb 19, 2021

Amount Forgiven

$151,262.5

Date Loan was Forgiven

Jan 6, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

149,995

Lender

CTBC Bank Corp. (USA).

Business Detail

Business Type

Corporation

NAICS

721110

Borrower Location

Edison, NJ

Project Location

Edison, NJ

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.