PPP Loan information for Wake forest 12401 inc

$104,600

Wake forest 12401 inc was initially approved for PPP Loan of amount $104,600, the current approved amount is $104,600. The loan was approved on 02/08/2021 by The TowneBank reported 14 jobs and $104,600 was used to fund payroll.

Wake forest 12401 inc is Existing or more than 2 years old

PPP Loan Search / NC / Wake Forest / Wake forest 12401 inc

WAKE FOREST 12401 INC

Date Approved

02/08/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WAKE FOREST 12401 INC

Borrower Address

12401 Wake Union Church Rd

Borrower City

Wake Forest

Borrower State

NC

Borrower Zip

27587-7436

Loan Status Date

05/07/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

104600.00

Current Approval Amount

104600.00

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wake Forest

Project County Name

WAKE

Project State

NC

Project Zip

27587-7436

CD

NC-02

Jobs Reported

14

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

104598.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105829.05

Forgiveness Date

04/13/2022

;