PPP Loan information for Azalea inn inc

$213,500

Azalea inn inc was initially approved for PPP Loan of amount $213,500, the current approved amount is $213,500. The loan was approved on 02/05/2021 by The TowneBank reported 43 jobs and $213,500 was used to fund payroll.

Azalea inn inc is Existing or more than 2 years old

AZALEA INN INC

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

AZALEA INN INC

Borrower Address

2344 E Little Creek Rd

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23518-3225

Loan Status Date

02/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213500.00

Current Approval Amount

213500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23518-3225

CD

VA-03

Jobs Reported

43

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

213495.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

215486.74

Forgiveness Date

01/13/2022

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