PPP Loan information for Welcome hotels of ky inc.

$124,644

Welcome hotels of ky inc. was initially approved for PPP Loan of amount $124,644, the current approved amount is $124,644. The loan was approved on 01/22/2021 by The Uwharrie Bank reported 15 jobs and $124,644 was used to fund payroll.

Welcome hotels of ky inc. is Existing or more than 2 years old

PPP Loan Search / KY / Erlanger / Welcome hotels of ky inc.

WELCOME HOTELS OF KY INC.

Date Approved

01/22/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

WELCOME HOTELS OF KY INC.

Borrower Address

630 Donaldson Hwy

Borrower City

Erlanger

Borrower State

KY

Borrower Zip

41018-1239

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124643.57

Current Approval Amount

124643.57

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

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

41018-1239

CD

KY-04

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124641.57

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

125443.37

Forgiveness Date

09/22/2021

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