PPP Loan information for Asheboro hotels inc

$31,500

Asheboro hotels inc was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 04/14/2020 by The Pinnacle Bank reported 12 jobs and $31,500 was used to fund payroll.

Asheboro hotels inc is Existing or more than 2 years old

PPP Loan Search / NC / ASHEBORO / Asheboro hotels inc

ASHEBORO HOTELS INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ASHEBORO HOTELS INC

Borrower Address

242 LAKECREST RD

Borrower City

ASHEBORO

Borrower State

NC

Borrower Zip

27203

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ASHEBORO

Project County Name

RANDOLPH

Project State

NC

Project Zip

27203-0001

CD

NC-13

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25660.68

Forgiveness Date

12/09/2020

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