PPP Loan information for Salisbury street hotel llc

$542,500

Salisbury street hotel llc was initially approved for PPP Loan of amount $542,500, the current approved amount is $542,500. The loan was approved on 03/20/2021 by The Oriental Bank reported 33 jobs and $542,500 was used to fund payroll.

Salisbury street hotel llc is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Salisbury street hotel llc

SALISBURY STREET HOTEL LLC

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SALISBURY STREET HOTEL LLC

Borrower Address

616 S Salisbury St Raleigh NC 27601

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27601

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

542500.00

Current Approval Amount

542500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119281

Servicing Lender Name

Oriental Bank

Servicing Lender Address

254 Ave Mu<td,n>oz Rivera, Esq. Ave Chardon Hato Rey

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918-1900

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

27601

CD

NC-02

Jobs Reported

33

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

542495.00

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

119281

Originating Lender

Oriental Bank

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

546523.54

Forgiveness Date

12/20/2021

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