PPP Loan information for Hotel ventures of smithfield, inc

$53,700

Hotel ventures of smithfield, inc was initially approved for PPP Loan of amount $53,700, the current approved amount is $53,700. The loan was approved on 04/06/2020 by The Carolina Bank & Trust Co. reported 16 jobs and $53,700 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

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

HOTEL VENTURES OF SMITHFIELD, INC

Borrower Address

145 SOUTH EQUITY DR

Borrower City

SMITHFIELD

Borrower State

NC

Borrower Zip

27577-6035

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53700.00

Current Approval Amount

53700.00

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

16

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

40275.00

Mortgage Interest Proceed

13425.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54200.22

Forgiveness Date

03/17/2021

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