PPP Loan information for Lake norman hotel inc.

$107,000

Lake norman hotel inc. was initially approved for PPP Loan of amount $107,000, the current approved amount is $107,000. The loan was approved on 04/13/2020 by The American National Bank and Trust Company reported 30 jobs and $107,000 was used to fund payroll.

Lake norman hotel inc. is Existing or more than 2 years old

PPP Loan Search / NC / GREENSBORO / Lake norman hotel inc.

LAKE NORMAN HOTEL INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

LAKE NORMAN HOTEL INC.

Borrower Address

3810 N Elm St. Ste 202

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27455-2596

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

107000.00

Current Approval Amount

107000.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27455-2596

CD

NC-06

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

23000.00

Payroll Proceed

80247.00

Mortgage Interest Proceed

2577.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1176.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

107963.00

Forgiveness Date

03/15/2021

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