PPP Loan information for Royal hotel investments covington

$167,736

Royal hotel investments covington was initially approved for PPP Loan of amount $167,736, the current approved amount is $167,736. The loan was approved on 01/26/2021 by The HomeTrust Bank reported 30 jobs and $167,736 was used to fund payroll.

Royal hotel investments covington is Existing or more than 2 years old

ROYAL HOTEL INVESTMENTS COVINGTON

Date Approved

01/26/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

ROYAL HOTEL INVESTMENTS COVINGTON

Borrower Address

14460 Paras Dr

Borrower City

Covington

Borrower State

GA

Borrower Zip

30014-4900

Loan Status Date

05/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

167735.68

Current Approval Amount

167735.68

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

NEWTON

Project State

GA

Project Zip

30014-4900

CD

GA-04

Jobs Reported

30

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

167733.68

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

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

169753.17

Forgiveness Date

04/08/2022

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