PPP Loan information for Welcome hotels of south carolina inc

$124,600

Welcome hotels of south carolina inc was initially approved for PPP Loan of amount $124,600, the current approved amount is $124,600. The loan was approved on 04/27/2020 by The Peoples Bank reported 18 jobs and $124,600 was used to fund payroll.

Welcome hotels of south carolina inc is Existing or more than 2 years old

WELCOME HOTELS OF SOUTH CAROLINA INC

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

WELCOME HOTELS OF SOUTH CAROLINA INC

Borrower Address

144 BEE ST

Borrower City

CHARLESTON

Borrower State

SC

Borrower Zip

29401-5701

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124600.00

Current Approval Amount

124600.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort Inn & Suites by Choice Hotels

Servicing Lender Location Id

39596

Servicing Lender Name

Peoples Bank

Servicing Lender Address

160 E Maud Ave

Servicing Lender City

MENDENHALL

Servicing Lender State

MS

Servicing Lender Zip

39114-3575

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29401-5701

CD

SC-06

Jobs Reported

18

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

124600.00

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

39596

Originating Lender

Peoples Bank

Originating Lender City

MENDENHALL

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125340.77

Forgiveness Date

12/09/2020

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