PPP Loan information for Mcpeake hotels inc.

$540,166

Mcpeake hotels inc. was initially approved for PPP Loan of amount $540,166, the current approved amount is $540,166. The loan was approved on 01/22/2021 by The Pinnacle Bank reported 95 jobs and $540,166 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

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MCPEAKE HOTELS INC.

Borrower Address

120 W Pennsylvania Ave

Borrower City

Southern Pines

Borrower State

NC

Borrower Zip

28387-5429

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

540165.50

Current Approval Amount

540165.50

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

28387-5429

CD

NC-09

Jobs Reported

95

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

540161.50

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

544116.85

Forgiveness Date

10/20/2021

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