Date Approved
04/30/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
IHOTELS INC
Borrower Address
183 Underwood Road
Borrower City
FLETCHER
Borrower State
NC
Borrower Zip
28732
Loan Status Date
03/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
47180.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Super 8 by Wyndhan
Servicing Lender Location Id
57912
Servicing Lender Name
The Park National Bank
Servicing Lender Address
50 N Third St
Servicing Lender City
NEWARK
Servicing Lender State
OH
Servicing Lender Zip
43055-5523
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HENDERSON
Project State
Project Zip
28732-8634
CD
NC-11
Jobs Reported
11
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
11780.00
Payroll Proceed
35400.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
37415.30
Forgiveness Date
12/22/2020