PPP Loan information for Olde town hotels llc

$70,090

Olde town hotels llc was initially approved for PPP Loan of amount $70,090, the current approved amount is $70,090. The loan was approved on 05/20/2021 by The KEB Hana Bank USA, National Association reported 17 jobs and $70,090 was used to fund payroll.

Olde town hotels llc is Existing or more than 2 years old

OLDE TOWN HOTELS LLC

Date Approved

05/20/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

OLDE TOWN HOTELS LLC

Borrower Address

347 Effingham St

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23704-2337

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70089.59

Current Approval Amount

70089.59

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

110452

Servicing Lender Name

KEB Hana Bank USA, National Association

Servicing Lender Address

201 Main St

Servicing Lender City

FORT LEE

Servicing Lender State

NJ

Servicing Lender Zip

07024-5701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portsmouth

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23704-2337

CD

VA-03

Jobs Reported

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70087.59

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

110452

Originating Lender

KEB Hana Bank USA, National Association

Originating Lender City

FORT LEE

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70521.81

Forgiveness Date

01/06/2022

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