PPP Loan information for First american hotel group, llc

$55,762

First american hotel group, llc was initially approved for PPP Loan of amount $55,762, the current approved amount is $55,762. The loan was approved on 04/11/2020 by The Lumbee Guaranty Bank reported 18 jobs and $55,762 was used to fund payroll.

First american hotel group, llc is Existing or more than 2 years old

PPP Loan Search / NC / PEMBROKE / First american hotel group, llc

FIRST AMERICAN HOTEL GROUP, LLC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

FIRST AMERICAN HOTEL GROUP, LLC

Borrower Address

605 Redmond Road

Borrower City

PEMBROKE

Borrower State

NC

Borrower Zip

28372-9029

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55762.00

Current Approval Amount

55762.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

50946

Servicing Lender Name

Lumbee Guaranty Bank

Servicing Lender Address

403 E 3rd St

Servicing Lender City

PEMBROKE

Servicing Lender State

NC

Servicing Lender Zip

28372-8889

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PEMBROKE

Project County Name

ROBESON

Project State

NC

Project Zip

28372-9029

CD

NC-07

Jobs Reported

18

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55762.00

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

50946

Originating Lender

Lumbee Guaranty Bank

Originating Lender City

PEMBROKE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

46074.18

Forgiveness Date

12/22/2020

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