PPP Loan information for Infinite hotel group, llc

$83,500

Infinite hotel group, llc was initially approved for PPP Loan of amount $83,500, the current approved amount is $83,500. The loan was approved on 04/05/2020 by The Carolina Bank & Trust Co. reported 20 jobs and $83,500 was used to fund payroll.

Infinite hotel group, llc is Existing or more than 2 years old

INFINITE HOTEL GROUP, LLC

Date Approved

04/05/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

INFINITE HOTEL GROUP, LLC

Borrower Address

3934 GRANDVIEW DR

Borrower City

SIMPSONVILLE

Borrower State

SC

Borrower Zip

29680-3163

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

83500.00

Current Approval Amount

83500.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

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

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SIMPSONVILLE

Project County Name

GREENVILLE

Project State

SC

Project Zip

29680-3163

CD

SC-03

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62650.00

Mortgage Interest Proceed

20850.00

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

84264.08

Forgiveness Date

03/11/2021

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