PPP Loan information for Carolina hotel investors llc

$452,312

Carolina hotel investors llc was initially approved for PPP Loan of amount $452,312, the current approved amount is $452,312. The loan was approved on 03/17/2021 by The Regions Bank reported 84 jobs and $452,312 was used to fund payroll.

Carolina hotel investors llc is Existing or more than 2 years old

CAROLINA HOTEL INVESTORS LLC

Date Approved

03/17/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CAROLINA HOTEL INVESTORS LLC

Borrower Address

2707 Little Rock Rd

Borrower City

Charlotte

Borrower State

NC

Borrower Zip

28214-3020

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

452312.00

Current Approval Amount

452312.00

Undisbursed Amount

0.00

Franchise Name

Home2 Suites by Hilton

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Charlotte

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28214-3020

CD

NC-14

Jobs Reported

84

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

452311.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

454951.52

Forgiveness Date

10/25/2021

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