PPP Loan information for Palmetto hospitality of palo alto, llc

$530,900

Palmetto hospitality of palo alto, llc was initially approved for PPP Loan of amount $530,900, the current approved amount is $530,900. The loan was approved on 04/13/2020 by The United Community Bank reported 45 jobs and $530,900 was used to fund payroll.

Palmetto hospitality of palo alto, llc is Existing or more than 2 years old

PALMETTO HOSPITALITY OF PALO ALTO, LLC

Date Approved

04/13/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

PALMETTO HOSPITALITY OF PALO ALTO, LLC

Borrower Address

100 Dunbar Street, Suite 402

Borrower City

SPARTANBURG

Borrower State

SC

Borrower Zip

29306-5109

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

530900.00

Current Approval Amount

530900.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPARTANBURG

Project County Name

SPARTANBURG

Project State

SC

Project Zip

29306-5109

CD

SC-04

Jobs Reported

45

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

530900.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

534230.85

Forgiveness Date

12/09/2020

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