PPP Loan information for Lake norman hospitality, llc

$144,427

Lake norman hospitality, llc was initially approved for PPP Loan of amount $144,427, the current approved amount is $144,427. The loan was approved on 04/16/2020 by The New Peoples Bank, Inc. reported 40 jobs and $144,427 was used to fund payroll.

Lake norman hospitality, llc is New Business or 2 years or less

LAKE NORMAN HOSPITALITY, LLC

Date Approved

04/16/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

LAKE NORMAN HOSPITALITY, LLC

Borrower Address

410 NEW GOFF MOUNTAIN RD

Borrower City

CHARLESTON

Borrower State

WV

Borrower Zip

25313-1447

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144427.00

Current Approval Amount

144427.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHARLESTON

Project County Name

KANAWHA

Project State

WV

Project Zip

25313-1447

CD

WV-01

Jobs Reported

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

144427.00

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

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

146091.92

Forgiveness Date

06/14/2021

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