PPP Loan information for N & r hotels inc

$85,325

N & r hotels inc was initially approved for PPP Loan of amount $85,325, the current approved amount is $85,325. The loan was approved on 01/30/2021 by The Pinnacle Bank reported 11 jobs and $85,325 was used to fund payroll.

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

PPP Loan Search / GA / Gainesville / N & r hotels inc

N & R HOTELS INC

Date Approved

01/30/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

N & R HOTELS INC

Borrower Address

450 Jesse Jewell Pkwy SW

Borrower City

Gainesville

Borrower State

GA

Borrower Zip

30501-4204

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85325.48

Current Approval Amount

85325.48

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

30501-4204

CD

GA-09

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85323.48

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

85801.88

Forgiveness Date

08/25/2021

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