PPP Loan information for Banner elk cafe & lodge inc.

$303,279

Banner elk cafe & lodge inc. was initially approved for PPP Loan of amount $303,279, the current approved amount is $303,279. The loan was approved on 01/26/2021 by The The First Bank and Trust Company reported 102 jobs and $303,279 was used to fund payroll.

Banner elk cafe & lodge inc. is Existing or more than 2 years old

PPP Loan Search / NC / Banner Elk / Banner elk cafe & lodge inc.

BANNER ELK CAFE & LODGE INC.

Date Approved

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

BANNER ELK CAFE & LODGE INC.

Borrower Address

324 Shawneehaw Ave

Borrower City

Banner Elk

Borrower State

NC

Borrower Zip

28604-9719

Loan Status Date

03/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303279.00

Current Approval Amount

303279.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Banner Elk

Project County Name

AVERY

Project State

NC

Project Zip

28604-9719

CD

NC-05

Jobs Reported

102

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

303274.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

306446.58

Forgiveness Date

02/22/2022

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