PPP Loan information for Wilmington hotel group llc

$176,635

Wilmington hotel group llc was initially approved for PPP Loan of amount $176,635, the current approved amount is $176,635. The loan was approved on 04/11/2021 by The Pinnacle Bank reported 13 jobs and $176,635 was used to fund payroll.

Wilmington hotel group llc is Existing or more than 2 years old

WILMINGTON HOTEL GROUP LLC

Date Approved

04/11/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

WILMINGTON HOTEL GROUP LLC

Borrower Address

225 Grace St

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28401-3916

Loan Status Date

09/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

176635.00

Current Approval Amount

176635.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28401-3916

CD

NC-07

Jobs Reported

13

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

176628.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

179078.85

Forgiveness Date

09/01/2022

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