PPP Loan information for Avocet hospitality group inc

$218,100

Avocet hospitality group inc was initially approved for PPP Loan of amount $2,515,076, the current approved amount is $218,100. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 297 jobs and $218,100 was used to fund payroll.

Avocet hospitality group inc is New Business or 2 years or less

AVOCET HOSPITALITY GROUP INC

Date Approved

05/01/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

AVOCET HOSPITALITY GROUP INC

Borrower Address

174 E BAY ST STE 202

Borrower City

CHARLESTON

Borrower State

SC

Borrower Zip

29401-2133

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2515076.00

Current Approval Amount

218100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29401-2133

CD

SC-06

Jobs Reported

297

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218100.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

220496.11

Forgiveness Date

06/10/2021

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