PPP Loan information for Historic hotels of albemarle, llc

$720,187

Historic hotels of albemarle, llc was initially approved for PPP Loan of amount $720,187, the current approved amount is $720,187. The loan was approved on 04/08/2020 by The First Horizon Bank reported 59 jobs and $720,187 was used to fund payroll.

Historic hotels of albemarle, llc is Existing or more than 2 years old

HISTORIC HOTELS OF ALBEMARLE, LLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

HISTORIC HOTELS OF ALBEMARLE, LLC

Borrower Address

701 Club Drive

Borrower City

KESWICK

Borrower State

VA

Borrower Zip

22947-2615

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

720187.29

Current Approval Amount

720187.29

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KESWICK

Project County Name

ALBEMARLE

Project State

VA

Project Zip

22947-2615

CD

VA-05

Jobs Reported

59

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36266.28

Payroll Proceed

634906.32

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

49014.69

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

730049.85

Forgiveness Date

09/02/2021

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