PPP Loan information for Montcross hotel associates llc

$205,900

Montcross hotel associates llc was initially approved for PPP Loan of amount $205,900, the current approved amount is $205,900. The loan was approved on 02/14/2021 by The United Community Bank reported 29 jobs and $205,900 was used to fund payroll.

Montcross hotel associates llc is Existing or more than 2 years old

PPP Loan Search / NC / Belmont / Montcross hotel associates llc

MONTCROSS HOTEL ASSOCIATES LLC

Date Approved

02/14/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MONTCROSS HOTEL ASSOCIATES LLC

Borrower Address

100 Belmont Mount Holly Rd

Borrower City

Belmont

Borrower State

NC

Borrower Zip

28012-2702

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

205900.00

Current Approval Amount

205900.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belmont

Project County Name

GASTON

Project State

NC

Project Zip

28012-2702

CD

NC-14

Jobs Reported

29

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

205899.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

206915.40

Forgiveness Date

08/25/2021

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