PPP Loan information for Shri hospitality management company

$118,944

Shri hospitality management company was initially approved for PPP Loan of amount $118,944, the current approved amount is $118,944. The loan was approved on 02/02/2021 by The Peoples Bank reported 14 jobs and $118,944 was used to fund payroll.

Shri hospitality management company is Existing or more than 2 years old

SHRI HOSPITALITY MANAGEMENT COMPANY

Date Approved

02/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SHRI HOSPITALITY MANAGEMENT COMPANY

Borrower Address

5208 Page Rd

Borrower City

Durham

Borrower State

NC

Borrower Zip

27703-8479

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

118944.00

Current Approval Amount

118944.00

Undisbursed Amount

0.00

Franchise Name

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

Servicing Lender Location Id

50396

Servicing Lender Name

Peoples Bank

Servicing Lender Address

518 W 'C' St

Servicing Lender City

NEWTON

Servicing Lender State

NC

Servicing Lender Zip

28658

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Durham

Project County Name

DURHAM

Project State

NC

Project Zip

27703-8479

CD

NC-04

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

118938.00

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

50396

Originating Lender

Peoples Bank

Originating Lender City

NEWTON

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

119674.18

Forgiveness Date

09/15/2021

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