PPP Loan information for Welcome hotel erlanger inc

$54,495

Welcome hotel erlanger inc was initially approved for PPP Loan of amount $54,495, the current approved amount is $54,495. The loan was approved on 04/15/2020 by The Uwharrie Bank reported 15 jobs and $54,495 was used to fund payroll.

Welcome hotel erlanger inc is Existing or more than 2 years old

PPP Loan Search / KY / Erlanger / Welcome hotel erlanger inc

WELCOME HOTEL ERLANGER INC

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

WELCOME HOTEL ERLANGER INC

Borrower Address

599 Donaldson Hwy

Borrower City

Erlanger

Borrower State

KY

Borrower Zip

41018-1237

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

54495.00

Current Approval Amount

54495.00

Undisbursed Amount

0.00

Franchise Name

Red Roof Inn

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Erlanger

Project County Name

KENTON

Project State

KY

Project Zip

41018-1237

CD

KY-04

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

54495.00

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

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

54970.32

Forgiveness Date

03/03/2021

;