PPP Loan information for Citymarket hotel development llc

$593,170

Citymarket hotel development llc was initially approved for PPP Loan of amount $593,170, the current approved amount is $593,170. The loan was approved on 04/15/2020 by The Western Alliance Bank reported 56 jobs and $593,170 was used to fund payroll.

Citymarket hotel development llc is Existing or more than 2 years old

CITYMARKET HOTEL DEVELOPMENT LLC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CITYMARKET HOTEL DEVELOPMENT LLC

Borrower Address

11410 COMMON OAKS DR

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27614-7002

Loan Status Date

05/24/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

593170.00

Current Approval Amount

593170.00

Undisbursed Amount

0.00

Franchise Name

Cambria by Choice Hotels

Servicing Lender Location Id

317920

Servicing Lender Name

Western Alliance Bank

Servicing Lender Address

1 E Washington St

Servicing Lender City

PHOENIX

Servicing Lender State

AZ

Servicing Lender Zip

85004-2492

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27614-7002

CD

NC-02

Jobs Reported

56

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

474612.00

Mortgage Interest Proceed

118558.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

317920

Originating Lender

Western Alliance Bank

Originating Lender City

PHOENIX

Originating Lender State

AZ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

573391.98

Forgiveness Date

09/10/2021

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