PPP Loan information for Mega hotel management inc

$63,518

Mega hotel management inc was initially approved for PPP Loan of amount $63,518, the current approved amount is $63,518. The loan was approved on 02/08/2021 by The Pinnacle Bank reported 3 jobs and $63,518 was used to fund payroll.

Mega hotel management inc is Existing or more than 2 years old

MEGA HOTEL MANAGEMENT INC

Date Approved

02/08/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MEGA HOTEL MANAGEMENT INC

Borrower Address

14 Oak Branch Dr

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27407-2120

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63518.00

Current Approval Amount

63518.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27407-2120

CD

NC-06

Jobs Reported

3

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

63512.00

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

Corporation

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

63961.76

Forgiveness Date

10/25/2021

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