PPP Loan information for Lake motel

$53,215

Lake motel was initially approved for PPP Loan of amount $53,215, the current approved amount is $53,215. The loan was approved on 04/10/2020 by The Benchmark Community Bank reported 19 jobs and $53,215 was used to fund payroll.

Lake motel is Existing or more than 2 years old

PPP Loan Search / VA / CLARKSVILLE / Lake motel

LAKE MOTEL

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LAKE MOTEL

Borrower Address

101 Virginia Ave

Borrower City

CLARKSVILLE

Borrower State

VA

Borrower Zip

23927-9227

Loan Status Date

03/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53215.00

Current Approval Amount

53215.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSVILLE

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23927-9227

CD

VA-05

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

13303.75

Payroll Proceed

39911.25

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

Subchapter S Corporation

Originating Lender Location Id

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

43467.19

Forgiveness Date

11/17/2020

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