PPP Loan information for Salem hotel partners llc

$83,843

Salem hotel partners llc was initially approved for PPP Loan of amount $83,843, the current approved amount is $83,843. The loan was approved on 04/15/2020 by The Atlantic Union Bank reported 15 jobs and $83,843 was used to fund payroll.

Salem hotel partners llc is New Business or 2 years or less

SALEM HOTEL PARTNERS LLC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SALEM HOTEL PARTNERS LLC

Borrower Address

121 Sheraton Drive

Borrower City

Salem

Borrower State

VA

Borrower Zip

24153

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83843.00

Current Approval Amount

83843.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Salem

Project County Name

SALEM

Project State

VA

Project Zip

24153-0001

CD

VA-06

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

83843.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84613.89

Forgiveness Date

04/01/2021

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