PPP Loan information for Hotel one incorporated

$149,999

Hotel one incorporated was initially approved for PPP Loan of amount $149,999, the current approved amount is $149,999. The loan was approved on 03/12/2021 by The Truist Bank reported 35 jobs and $149,999 was used to fund payroll.

Hotel one incorporated is Existing or more than 2 years old

PPP Loan Search / NC / Forest City / Hotel one incorporated

HOTEL ONE INCORPORATED

Date Approved

03/12/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HOTEL ONE INCORPORATED

Borrower Address

200 Holiday Inn Dr

Borrower City

Forest City

Borrower State

NC

Borrower Zip

28043-9100

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

149999.00

Current Approval Amount

149999.00

Undisbursed Amount

0.00

Franchise Name

Bottle & Bottega

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Forest City

Project County Name

RUTHERFORD

Project State

NC

Project Zip

28043-9100

CD

NC-10

Jobs Reported

35

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

149994.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150686.50

Forgiveness Date

08/30/2021

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