PPP Loan information for Mooresville hotel, inc.

$94,800

Mooresville hotel, inc. was initially approved for PPP Loan of amount $94,845, the current approved amount is $94,800. The loan was approved on 04/13/2020 by The Truist Bank reported 30 jobs and $94,800 was used to fund payroll.

Mooresville hotel, inc. is Existing or more than 2 years old

PPP Loan Search / NC / GREENSBORO / Mooresville hotel, inc.

MOORESVILLE HOTEL, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MOORESVILLE HOTEL, INC.

Borrower Address

2011 VEASLEY ST

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27407-4637

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

94845.00

Current Approval Amount

94800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

27407-4637

CD

NC-06

Jobs Reported

30

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

94800.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

95697.97

Forgiveness Date

03/31/2021

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