PPP Loan information for Archaic hotels, llc

$53,975

Archaic hotels, llc was initially approved for PPP Loan of amount $53,975, the current approved amount is $53,975. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank reported 13 jobs and $53,975 was used to fund payroll.

Archaic hotels, llc is Existing or more than 2 years old

ARCHAIC HOTELS, LLC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ARCHAIC HOTELS, LLC

Borrower Address

96 BAKER LN

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-9253

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53975.00

Current Approval Amount

53975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

AUGUSTA

Project State

VA

Project Zip

24401-9253

CD

VA-06

Jobs Reported

13

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53975.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44277.94

Forgiveness Date

12/22/2020

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