PPP Loan information for Medical park hotels llc

$195,963

Medical park hotels llc was initially approved for PPP Loan of amount $195,963, the current approved amount is $195,963. The loan was approved on 02/03/2021 by The Southern Bank and Trust Company reported 23 jobs and $195,963 was used to fund payroll.

Medical park hotels llc is Existing or more than 2 years old

MEDICAL PARK HOTELS LLC

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MEDICAL PARK HOTELS LLC

Borrower Address

2508 Independence Blvd Ste 210

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28412-2569

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195963.00

Current Approval Amount

195963.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28412-2569

CD

NC-07

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

195963.00

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

Partnership

Originating Lender Location Id

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

197073.46

Forgiveness Date

09/07/2021

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