PPP Loan information for Salem hotel partners llc

$117,380

Salem hotel partners llc was initially approved for PPP Loan of amount $117,380, the current approved amount is $117,380. The loan was approved on 01/20/2021 by The Touchstone Bank reported 22 jobs and $117,380 was used to fund payroll.

Salem hotel partners llc is Existing or more than 2 years old

PPP Loan Search / VA / Salem / Salem hotel partners llc

SALEM HOTEL PARTNERS LLC

Date Approved

01/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SALEM HOTEL PARTNERS LLC

Borrower Address

121 Sheraton Dr

Borrower City

Salem

Borrower State

VA

Borrower Zip

24153-3003

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

117380.00

Current Approval Amount

117380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73534

Servicing Lender Name

Touchstone Bank

Servicing Lender Address

4300 Crossings Blvd

Servicing Lender City

PRINCE GEORGE

Servicing Lender State

VA

Servicing Lender Zip

23875-1452

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

SALEM

Project State

VA

Project Zip

24153-3003

CD

VA-06

Jobs Reported

22

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

117374.00

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

73534

Originating Lender

Touchstone Bank

Originating Lender City

PRINCE GEORGE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

117999.51

Forgiveness Date

08/09/2021

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