PPP Loan information for Parks hospitality group inc

$1,471,890

Parks hospitality group inc was initially approved for PPP Loan of amount $1,471,890, the current approved amount is $1,471,890. The loan was approved on 01/30/2021 by The First Horizon Bank reported 65 jobs and $1,471,890 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

01/30/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PARKS HOSPITALITY GROUP INC

Borrower Address

4242 Six Forks Rd Ste 1600

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27609-6086

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1471890.00

Current Approval Amount

1471890.00

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

27609-6086

CD

NC-02

Jobs Reported

65

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1471884.00

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

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

1488448.76

Forgiveness Date

03/28/2022

;