PPP Loan information for Imperial hotel properties llc

$1,614,221

Imperial hotel properties llc was initially approved for PPP Loan of amount $1,614,221, the current approved amount is $1,614,221. The loan was approved on 03/01/2021 by The Dogwood State Bank reported 46 jobs and $1,614,221 was used to fund payroll.

Imperial hotel properties llc is Existing or more than 2 years old

IMPERIAL HOTEL PROPERTIES LLC

Date Approved

03/01/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

IMPERIAL HOTEL PROPERTIES LLC

Borrower Address

4700 Emperor Blvd

Borrower City

Durham

Borrower State

NC

Borrower Zip

27703-8424

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1614221.00

Current Approval Amount

1614221.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

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

46

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1614216.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1623592.45

Forgiveness Date

09/29/2021

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