PPP Loan information for Mcpeake hotels, inc.

$385,833

Mcpeake hotels, inc. was initially approved for PPP Loan of amount $385,833, the current approved amount is $385,833. The loan was approved on 04/11/2020 by The Pinnacle Bank reported 59 jobs and $385,833 was used to fund payroll.

Mcpeake hotels, inc. is Existing or more than 2 years old

PPP Loan Search / NC / SOUTHERN PINES / Mcpeake hotels, inc.

MCPEAKE HOTELS, INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MCPEAKE HOTELS, INC.

Borrower Address

120 PENNSYLVANIA AVE

Borrower City

SOUTHERN PINES

Borrower State

NC

Borrower Zip

28387

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385832.50

Current Approval Amount

385832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHERN PINES

Project County Name

MOORE

Project State

NC

Project Zip

28387-0001

CD

NC-09

Jobs Reported

59

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

385832.50

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388570.33

Forgiveness Date

12/30/2020

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