PPP Loan information for High point adams hotel llc

$161,100

High point adams hotel llc was initially approved for PPP Loan of amount $161,100, the current approved amount is $161,100. The loan was approved on 01/23/2021 by The First Bank reported 141 jobs and $161,100 was used to fund payroll.

High point adams hotel llc is Existing or more than 2 years old

HIGH POINT ADAMS HOTEL LLC

Date Approved

01/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HIGH POINT ADAMS HOTEL LLC

Borrower Address

1108 N Main St

Borrower City

High Point

Borrower State

NC

Borrower Zip

27262-3116

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

161100.00

Current Approval Amount

161100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

High Point

Project County Name

GUILFORD

Project State

NC

Project Zip

27262-3116

CD

NC-06

Jobs Reported

141

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

161098.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

162536.48

Forgiveness Date

12/23/2021

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