PPP Loan information for Commonwealth hospitality corp.

$275,000

Commonwealth hospitality corp. was initially approved for PPP Loan of amount $275,000, the current approved amount is $275,000. The loan was approved on 04/08/2020 by The City National Bank of West Virginia reported 105 jobs and $275,000 was used to fund payroll.

Commonwealth hospitality corp. is Existing or more than 2 years old

PPP Loan Search / VA / HARRISONBURG / Commonwealth hospitality corp.

COMMONWEALTH HOSPITALITY CORP.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COMMONWEALTH HOSPITALITY CORP.

Borrower Address

263 FAIRWAY DR

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22802-8773

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275000.00

Current Approval Amount

275000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74995

Servicing Lender Name

City National Bank of West Virginia

Servicing Lender Address

3601 MacCorkle Ave SE

Servicing Lender City

Charleston

Servicing Lender State

WV

Servicing Lender Zip

25304

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22802-8773

CD

VA-06

Jobs Reported

105

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

220000.00

Mortgage Interest Proceed

7000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

23000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

74995

Originating Lender

City National Bank of West Virginia

Originating Lender City

Charleston

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

277681.25

Forgiveness Date

03/31/2021

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