PPP Loan information for Inn at north lee, llc

$97,500

Inn at north lee, llc was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 04/28/2020 by The Bank of Botetourt reported 20 jobs and $97,500 was used to fund payroll.

Inn at north lee, llc is Existing or more than 2 years old

INN AT NORTH LEE, LLC

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

INN AT NORTH LEE, LLC

Borrower Address

PO Box 37

Borrower City

DALEVILLE

Borrower State

VA

Borrower Zip

24083

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

73136

Servicing Lender Name

Bank of Botetourt

Servicing Lender Address

19747 Main St

Servicing Lender City

BUCHANAN

Servicing Lender State

VA

Servicing Lender Zip

24066

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DALEVILLE

Project County Name

BOTETOURT

Project State

VA

Project Zip

24083-0001

CD

VA-06

Jobs Reported

20

NAICS Code

721191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

78100.00

Mortgage Interest Proceed

9400.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

73136

Originating Lender

Bank of Botetourt

Originating Lender City

BUCHANAN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98399.17

Forgiveness Date

04/02/2021

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