PPP Loan information for Concord clear springs hotel llc

$395,346

Concord clear springs hotel llc was initially approved for PPP Loan of amount $395,346, the current approved amount is $395,346. The loan was approved on 03/02/2021 by The First Horizon Bank reported 27 jobs and $395,346 was used to fund payroll.

Concord clear springs hotel llc is Existing or more than 2 years old

CONCORD CLEAR SPRINGS HOTEL LLC

Date Approved

03/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

CONCORD CLEAR SPRINGS HOTEL LLC

Borrower Address

11410 Common Oaks Dr

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27614-7002

Loan Status Date

02/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

395346.00

Current Approval Amount

395346.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27614-7002

CD

NC-02

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

395343.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

398871.17

Forgiveness Date

01/28/2022

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