PPP Loan information for Hotel ventures of smithfield, inc

$75,200

Hotel ventures of smithfield, inc was initially approved for PPP Loan of amount $75,200, the current approved amount is $75,200. The loan was approved on 01/16/2021 by The Carolina Bank & Trust Co. reported 9 jobs and $75,200 was used to fund payroll.

Hotel ventures of smithfield, inc is Existing or more than 2 years old

HOTEL VENTURES OF SMITHFIELD, INC

Date Approved

01/16/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

HOTEL VENTURES OF SMITHFIELD, INC

Borrower Address

145 S Equity Dr

Borrower City

Smithfield

Borrower State

NC

Borrower Zip

27577-6035

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75200.00

Current Approval Amount

75200.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Smithfield

Project County Name

JOHNSTON

Project State

NC

Project Zip

27577-6035

CD

NC-13

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

75199.00

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

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

75943.76

Forgiveness Date

01/19/2022

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