PPP Loan information for Sga hotels inc ( red roof inn )

$5,000

Sga hotels inc ( red roof inn ) was initially approved for PPP Loan of amount $5,000, the current approved amount is $5,000. The loan was approved on 04/29/2020 by The North State Bank reported 2 jobs and $5,000 was used to fund payroll.

Sga hotels inc ( red roof inn ) is Existing or more than 2 years old

SGA HOTELS INC ( RED ROOF INN )

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SGA HOTELS INC ( RED ROOF INN )

Borrower Address

1631 COTTON GROVE ROAD

Borrower City

LEXINGTON

Borrower State

NC

Borrower Zip

27292

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5000.00

Current Approval Amount

5000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124643

Servicing Lender Name

North State Bank

Servicing Lender Address

6204 Falls of Neuse Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-3506

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

DAVIDSON

Project State

NC

Project Zip

27292-0008

CD

NC-08

Jobs Reported

2

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

5000.00

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

124643

Originating Lender

North State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

5053.29

Forgiveness Date

06/08/2021

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