PPP Loan information for Carolina motel associates, inc.

$61,300

Carolina motel associates, inc. was initially approved for PPP Loan of amount $61,300, the current approved amount is $61,300. The loan was approved on 05/08/2020 by The Investar Bank, National Association reported 12 jobs and $61,300 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

05/08/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

CAROLINA MOTEL ASSOCIATES, INC.

Borrower Address

1872A Montreal Road

Borrower City

Tucker

Borrower State

GA

Borrower Zip

30084

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61300.00

Current Approval Amount

61300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

442411

Servicing Lender Name

Investar Bank, National Association

Servicing Lender Address

7244 Perkins Rd

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70808-4323

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

30084-1000

CD

GA-04

Jobs Reported

12

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

61300.00

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

442411

Originating Lender

Investar Bank, National Association

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

61795.44

Forgiveness Date

03/05/2021

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