PPP Loan information for Imperial hotel group inc.

$1,116,300

Imperial hotel group inc. was initially approved for PPP Loan of amount $1,116,300, the current approved amount is $1,116,300. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 166 jobs and $1,116,300 was used to fund payroll.

Imperial hotel group inc. is Existing or more than 2 years old

IMPERIAL HOTEL GROUP INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

IMPERIAL HOTEL GROUP INC.

Borrower Address

4700 EMPEROR BLVD

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27703-8424

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1116300.00

Current Approval Amount

1116300.00

Undisbursed Amount

0.00

Franchise Name

Sheraton

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27703-8424

CD

NC-04

Jobs Reported

166

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1116300.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1126973.66

Forgiveness Date

03/31/2021

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