Date Approved
04/10/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
GASTON HOTEL, LLC
Borrower Address
444 Cox Road
Borrower City
GASTONIA
Borrower State
NC
Borrower Zip
28054-0609
Loan Status Date
06/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
244471.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Hilton Garden Inn
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
Y
HLMI Indicator
Business Age Description
New Business or 2 years or less
Project City
Project County Name
GASTON
Project State
Project Zip
CD
NC-14
Jobs Reported
58
NAICS Code
721110
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
5000.00
Payroll Proceed
199423.00
Mortgage Interest Proceed
40048.00
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
247105.85
Forgiveness Date
05/19/2021