PPP Loan information for Olive tree hospitality llc

$75,600

Olive tree hospitality llc was initially approved for PPP Loan of amount $75,600, the current approved amount is $75,600. The loan was approved on 04/28/2020 by The First-Citizens Bank & Trust Company reported 18 jobs and $75,600 was used to fund payroll.

Olive tree hospitality llc is New Business or 2 years or less

OLIVE TREE HOSPITALITY LLC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OLIVE TREE HOSPITALITY LLC

Borrower Address

136 N DOUGHERTY ST

Borrower City

BLACK MOUNTAIN

Borrower State

NC

Borrower Zip

28711-3326

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75600.00

Current Approval Amount

75600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

BLACK MOUNTAIN

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28711-3326

CD

NC-11

Jobs Reported

18

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75600.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76289.72

Forgiveness Date

04/05/2021

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