PPP Loan information for Archaic hotels, llc

$55,839

Archaic hotels, llc was initially approved for PPP Loan of amount $55,839, the current approved amount is $55,839. The loan was approved on 01/30/2021 by The Farmers & Merchants Bank reported 12 jobs and $55,839 was used to fund payroll.

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

PPP Loan Search / VA / Staunton / Archaic hotels, llc

ARCHAIC HOTELS, LLC

Date Approved

01/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

ARCHAIC HOTELS, LLC

Borrower Address

96 Baker Ln

Borrower City

Staunton

Borrower State

VA

Borrower Zip

24401-9253

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55839.00

Current Approval Amount

55839.00

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

12

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55837.00

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

56406.70

Forgiveness Date

02/03/2022

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