PPP Loan information for Ihotels inc

$66,050

Ihotels inc was initially approved for PPP Loan of amount $66,050, the current approved amount is $66,050. The loan was approved on 01/29/2021 by The The Park National Bank reported 11 jobs and $66,050 was used to fund payroll.

Ihotels inc is Existing or more than 2 years old

IHOTELS INC

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

IHOTELS INC

Borrower Address

183 Underwood Rd

Borrower City

Fletcher

Borrower State

NC

Borrower Zip

28732-8634

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66050.00

Current Approval Amount

66050.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Fletcher

Project County Name

HENDERSON

Project State

NC

Project Zip

28732-8634

CD

NC-11

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

66046.00

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

57912

Originating Lender

The Park National Bank

Originating Lender City

NEWARK

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66444.49

Forgiveness Date

09/15/2021

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