Date Approved
04/13/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
OAKLAND FIFTH AVENUE HOTEL ASSOCIATES, LP
Borrower Address
11410 COMMON OAKS DR
Borrower City
RALEIGH
Borrower State
NC
Borrower Zip
27614-7002
Loan Status Date
08/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
477300.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Marriott/JW Marriott
Servicing Lender Location Id
60009
Servicing Lender Name
First Commonwealth Bank
Servicing Lender Address
600 Philadelphia St
Servicing Lender City
INDIANA
Servicing Lender State
PA
Servicing Lender Zip
15701-3904
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WAKE
Project State
Project Zip
CD
NC-02
Jobs Reported
87
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
347274.00
Mortgage Interest Proceed
95400.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
34626.00
Debt Interest Proceed
0
Business Type
Partnership
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
483158.37
Forgiveness Date
07/13/2021