PPP Loan information for Blockade runner motor hotel

$792,100

Blockade runner motor hotel was initially approved for PPP Loan of amount $792,100, the current approved amount is $792,100. The loan was approved on 04/07/2020 by The First-Citizens Bank & Trust Company reported 329 jobs and $792,100 was used to fund payroll.

Blockade runner motor hotel is New Business or 2 years or less

BLOCKADE RUNNER MOTOR HOTEL

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

BLOCKADE RUNNER MOTOR HOTEL

Borrower Address

275 Waynick Blvd

Borrower City

WRIGHTSVILLE BEACH

Borrower State

NC

Borrower Zip

28480-2021

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

792100.00

Current Approval Amount

792100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WRIGHTSVILLE BEACH

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28480-2021

CD

NC-07

Jobs Reported

329

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

792100.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

801192.87

Forgiveness Date

06/08/2021

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