PPP Loan information for N & r hotels, inc.

$60,947

N & r hotels, inc. was initially approved for PPP Loan of amount $60,947, the current approved amount is $60,947. The loan was approved on 04/30/2020 by The Pinnacle Bank reported 14 jobs and $60,947 was used to fund payroll.

N & r hotels, inc. is Existing or more than 2 years old

N & R HOTELS, INC.

Date Approved

04/30/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

N & R HOTELS, INC.

Borrower Address

450 JESSE JEWELL PKWY

Borrower City

GAINESVILLE

Borrower State

GA

Borrower Zip

30501

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60946.77

Current Approval Amount

60946.77

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

19435

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

884 Elbert St

Servicing Lender City

ELBERTON

Servicing Lender State

GA

Servicing Lender Zip

30635-2628

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GAINESVILLE

Project County Name

HALL

Project State

GA

Project Zip

30501-0001

CD

GA-09

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60946.77

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

19435

Originating Lender

Pinnacle Bank

Originating Lender City

ELBERTON

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61315.84

Forgiveness Date

12/09/2020

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