PPP Loan information for Lynchburg hotel group llc

$238,300

Lynchburg hotel group llc was initially approved for PPP Loan of amount $238,300, the current approved amount is $238,300. The loan was approved on 02/05/2021 by The First-Citizens Bank & Trust Company reported 26 jobs and $238,300 was used to fund payroll.

Lynchburg hotel group llc is Existing or more than 2 years old

PPP Loan Search / VA / Lynchburg / Lynchburg hotel group llc

LYNCHBURG HOTEL GROUP LLC

Date Approved

02/05/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

LYNCHBURG HOTEL GROUP LLC

Borrower Address

4025 Wards Rd

Borrower City

Lynchburg

Borrower State

VA

Borrower Zip

24502-2943

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

238300.00

Current Approval Amount

238300.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lynchburg

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-2943

CD

VA-05

Jobs Reported

26

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

238297.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

241113.90

Forgiveness Date

04/18/2022

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