PPP Loan information for Forsyth hospitality inc

$264,309

Forsyth hospitality inc was initially approved for PPP Loan of amount $264,309, the current approved amount is $264,309. The loan was approved on 03/31/2021 by The Truist Bank reported 46 jobs and $264,309 was used to fund payroll.

Forsyth hospitality inc is Existing or more than 2 years old

FORSYTH HOSPITALITY INC

Date Approved

03/31/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

FORSYTH HOSPITALITY INC

Borrower Address

2011 Veasley St

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27407-4637

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

264309.00

Current Approval Amount

264309.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27407-4637

CD

NC-06

Jobs Reported

46

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

264304.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267142.98

Forgiveness Date

04/25/2022

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