PPP Loan information for Amergent hospitality group inc

$2,000,000

Amergent hospitality group inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/24/2021 by The TowneBank reported 278 jobs and $2,000,000 was used to fund payroll.

Amergent hospitality group inc is Existing or more than 2 years old

AMERGENT HOSPITALITY GROUP INC

Date Approved

02/24/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

AMERGENT HOSPITALITY GROUP INC

Borrower Address

7621 Little Ave Ste 414

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28226-8107

Loan Status Date

01/05/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

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

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28226-8107

CD

NC-14

Jobs Reported

278

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2036611.11

Forgiveness Date

12/19/2022

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