PPP Loan information for Norfolk hotel associates, llc

$2,469,350

Norfolk hotel associates, llc was initially approved for PPP Loan of amount $2,469,300, the current approved amount is $2,469,350. The loan was approved on 04/09/2020 by The Atlantic Union Bank reported 283 jobs and $2,469,350 was used to fund payroll.

Norfolk hotel associates, llc is Existing or more than 2 years old

PPP Loan Search / VA / VIRGINIA BEACH / Norfolk hotel associates, llc

NORFOLK HOTEL ASSOCIATES, LLC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

NORFOLK HOTEL ASSOCIATES, LLC

Borrower Address

300 32ND ST SUITE 500

Borrower City

VIRGINIA BEACH

Borrower State

VA

Borrower Zip

23451-2928

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2469300.00

Current Approval Amount

2469350.00

Undisbursed Amount

0.00

Franchise Name

Hilton Hotels & Resorts

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VIRGINIA BEACH

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23451-2928

CD

VA-02

Jobs Reported

283

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2469350.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2501314.36

Forgiveness Date

07/26/2021

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