PPP Loan information for Sotherly hotels, lp

$333,500

Sotherly hotels, lp was initially approved for PPP Loan of amount $333,500, the current approved amount is $333,500. The loan was approved on 04/08/2020 by The Village Bank reported 13 jobs and $333,500 was used to fund payroll.

Sotherly hotels, lp is Existing or more than 2 years old

PPP Loan Search / VA / WILLIAMSBURG / Sotherly hotels, lp

SOTHERLY HOTELS, LP

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SOTHERLY HOTELS, LP

Borrower Address

306 S. Henry Street

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23185-4107

Loan Status Date

Loan Status

Exemption 4

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

333500.00

Current Approval Amount

333500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124183

Servicing Lender Name

Village Bank

Servicing Lender Address

13319 Midlothian Tpke

Servicing Lender City

MIDLOTHIAN

Servicing Lender State

VA

Servicing Lender Zip

23113-4271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

JAMES CITY

Project State

VA

Project Zip

23185-4107

CD

VA-01

Jobs Reported

13

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

333500.00

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

Partnership

Originating Lender Location Id

124183

Originating Lender

Village Bank

Originating Lender City

MIDLOTHIAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;