PPP Loan information for Azalea hospitality, llc

$42,047

Azalea hospitality, llc was initially approved for PPP Loan of amount $47,047, the current approved amount is $42,047. The loan was approved on 04/28/2020 by The Farmers & Merchants Bank reported 17 jobs and $42,047 was used to fund payroll.

Azalea hospitality, llc is New Business or 2 years or less

AZALEA HOSPITALITY, LLC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

AZALEA HOSPITALITY, LLC

Borrower Address

205 WINDSTAR PL

Borrower City

SOUTHERN PINES

Borrower State

NC

Borrower Zip

28387-7086

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47047.00

Current Approval Amount

42047.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SOUTHERN PINES

Project County Name

MOORE

Project State

NC

Project Zip

28387-7086

CD

NC-09

Jobs Reported

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

42047.00

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

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

42590.11

Forgiveness Date

08/20/2021

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