PPP Loan information for G&c hospitality inc

$1,626,425

G&c hospitality inc was initially approved for PPP Loan of amount $1,626,425, the current approved amount is $1,626,425. The loan was approved on 04/30/2021 by The Truist Bank reported 120 jobs and $1,626,425 was used to fund payroll.

G&c hospitality inc is Existing or more than 2 years old

G&C HOSPITALITY INC

Date Approved

04/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

G&C HOSPITALITY INC

Borrower Address

160 Yorkchester Way

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27615-2979

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1626425.00

Current Approval Amount

1626425.00

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

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27615-2979

CD

NC-02

Jobs Reported

120

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1626419.00

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

1646755.31

Forgiveness Date

07/28/2022

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