PPP Loan information for New century hospitality, inc.

$74,000

New century hospitality, inc. was initially approved for PPP Loan of amount $74,000, the current approved amount is $74,000. The loan was approved on 04/28/2020 by The Bank of Oak Ridge reported 23 jobs and $74,000 was used to fund payroll.

New century hospitality, inc. is Unanswered

NEW CENTURY HOSPITALITY, INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NEW CENTURY HOSPITALITY, INC.

Borrower Address

7905 Triad Center Drive

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27409

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

74000.00

Current Approval Amount

74000.00

Undisbursed Amount

0.00

Franchise Name

La Quinta by Wyndham a.k.a. La Quinta Inn & Suites

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27409-1700

CD

NC-06

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

74000.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

74639.28

Forgiveness Date

03/09/2021

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