PPP Loan information for Distinction hospitality inc

$357,300

Distinction hospitality inc was initially approved for PPP Loan of amount $357,300, the current approved amount is $357,300. The loan was approved on 04/08/2020 by The Truist Bank reported 13 jobs and $357,300 was used to fund payroll.

Distinction hospitality inc is Existing or more than 2 years old

PPP Loan Search / NC / HIGH POINT / Distinction hospitality inc

DISTINCTION HOSPITALITY INC

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

DISTINCTION HOSPITALITY INC

Borrower Address

4100 MENDENHALL OAKS PKWY

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27265-8034

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357300.00

Current Approval Amount

357300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27265-8034

CD

NC-06

Jobs Reported

13

NAICS Code

423210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

357300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

361220.38

Forgiveness Date

05/21/2021

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