PPP Loan information for Candlewood suites

$99,900

Candlewood suites was initially approved for PPP Loan of amount $93,500, the current approved amount is $99,900. The loan was approved on 04/28/2020 by The Peoples Bank reported 19 jobs and $99,900 was used to fund payroll.

Candlewood suites is Existing or more than 2 years old

CANDLEWOOD SUITES

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

CANDLEWOOD SUITES

Borrower Address

12050 RETAIL DR

Borrower City

WAKE FOREST

Borrower State

NC

Borrower Zip

27587-7353

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

93500.00

Current Approval Amount

99900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39596

Servicing Lender Name

Peoples Bank

Servicing Lender Address

160 E Maud Ave

Servicing Lender City

MENDENHALL

Servicing Lender State

MS

Servicing Lender Zip

39114-3575

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKE FOREST

Project County Name

WAKE

Project State

NC

Project Zip

27587-7353

CD

NC-02

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

99900.00

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

39596

Originating Lender

Peoples Bank

Originating Lender City

MENDENHALL

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90412.31

Forgiveness Date

11/25/2020

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