PPP Loan information for Parks hospitality group inc

$1,051,349

Parks hospitality group inc was initially approved for PPP Loan of amount $1,051,349, the current approved amount is $1,051,349. The loan was approved on 04/10/2020 by The First Horizon Bank reported 65 jobs and $1,051,349 was used to fund payroll.

Parks hospitality group inc is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Parks hospitality group inc

PARKS HOSPITALITY GROUP INC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PARKS HOSPITALITY GROUP INC

Borrower Address

4242 SIX FORKS RD, SUITE 1600

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27609-5716

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1051349.00

Current Approval Amount

1051349.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27609-5716

CD

NC-02

Jobs Reported

65

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

9999.00

Payroll Proceed

869350.00

Mortgage Interest Proceed

8000.00

Rent Proceed

24000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

140000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1066622.76

Forgiveness Date

10/06/2021

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