PPP Loan information for Carolina motel associates inc

$96,214

Carolina motel associates inc was initially approved for PPP Loan of amount $96,214, the current approved amount is $96,214. The loan was approved on 01/19/2021 by The AmeriState Bank reported 14 jobs and $96,214 was used to fund payroll.

Carolina motel associates inc is Existing or more than 2 years old

PPP Loan Search / GA / Tucker / Carolina motel associates inc

CAROLINA MOTEL ASSOCIATES INC

Date Approved

01/19/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

CAROLINA MOTEL ASSOCIATES INC

Borrower Address

1872 Montreal Rd Ste A

Borrower City

Tucker

Borrower State

GA

Borrower Zip

30084-5709

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

96214.00

Current Approval Amount

96214.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

58753

Servicing Lender Name

AmeriState Bank

Servicing Lender Address

131 S Pennsylvania St

Servicing Lender City

ATOKA

Servicing Lender State

OK

Servicing Lender Zip

74525-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tucker

Project County Name

DEKALB

Project State

GA

Project Zip

30084-5709

CD

GA-04

Jobs Reported

14

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

96211.00

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

58753

Originating Lender

AmeriState Bank

Originating Lender City

ATOKA

Originating Lender State

OK

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97358.02

Forgiveness Date

04/05/2022

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