PPP Loan information for Loyal hospitality, llc

$37,470

Loyal hospitality, llc was initially approved for PPP Loan of amount $37,470, the current approved amount is $37,470. The loan was approved on 04/14/2020 by The New Peoples Bank, Inc. reported 11 jobs and $37,470 was used to fund payroll.

Loyal hospitality, llc is Existing or more than 2 years old

LOYAL HOSPITALITY, LLC

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

LOYAL HOSPITALITY, LLC

Borrower Address

1001 S. EISENHOWER DR

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-6731

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37470.00

Current Approval Amount

37470.00

Undisbursed Amount

0.00

Franchise Name

Microtel Inn & Suites by Wyndham

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BECKLEY

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-6731

CD

WV-01

Jobs Reported

11

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

37470.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

37900.90

Forgiveness Date

06/11/2021

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