PPP Loan information for New river hospitality inc

$195,727

New river hospitality inc was initially approved for PPP Loan of amount $195,727, the current approved amount is $195,727. The loan was approved on 02/20/2021 by The Truist Bank reported 26 jobs and $195,727 was used to fund payroll.

New river hospitality inc is Existing or more than 2 years old

PPP Loan Search / NC / Hendersonville / New river hospitality inc

NEW RIVER HOSPITALITY INC

Date Approved

02/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

NEW RIVER HOSPITALITY INC

Borrower Address

155 Sugarloaf Rd

Borrower City

Hendersonville

Borrower State

NC

Borrower Zip

28792-9326

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

195727.00

Current Approval Amount

195727.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Hendersonville

Project County Name

HENDERSON

Project State

NC

Project Zip

28792-9326

CD

NC-11

Jobs Reported

26

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

195721.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

198021.36

Forgiveness Date

04/28/2022

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