PPP Loan information for Barclay hotel corporation

$275,300

Barclay hotel corporation was initially approved for PPP Loan of amount $275,300, the current approved amount is $275,300. The loan was approved on 03/02/2021 by The TowneBank reported 30 jobs and $275,300 was used to fund payroll.

Barclay hotel corporation is Existing or more than 2 years old

BARCLAY HOTEL CORPORATION

Date Approved

03/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BARCLAY HOTEL CORPORATION

Borrower Address

809 Atlantic Ave

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23451-3527

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275300.00

Current Approval Amount

275300.00

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

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-3527

CD

VA-02

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

275296.00

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

276661.21

Forgiveness Date

08/30/2021

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