PPP Loan information for Owens motel and restaurant, inc.

$382,308

Owens motel and restaurant, inc. was initially approved for PPP Loan of amount $382,308, the current approved amount is $382,308. The loan was approved on 01/26/2021 by The Southern Bank and Trust Company reported 40 jobs and $382,308 was used to fund payroll.

Owens motel and restaurant, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Nags Head / Owens motel and restaurant, inc.

OWENS MOTEL AND RESTAURANT, INC.

Date Approved

01/26/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

OWENS MOTEL AND RESTAURANT, INC.

Borrower Address

7114 S Virginia Dare Trl

Borrower City

Nags Head

Borrower State

NC

Borrower Zip

27959-9126

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

382308.00

Current Approval Amount

382308.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50882

Servicing Lender Name

Southern Bank and Trust Company

Servicing Lender Address

100 N Center St

Servicing Lender City

MOUNT OLIVE

Servicing Lender State

NC

Servicing Lender Zip

28365-1701

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nags Head

Project County Name

DARE

Project State

NC

Project Zip

27959-9126

CD

NC-03

Jobs Reported

40

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

382303.00

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

50882

Originating Lender

Southern Bank and Trust Company

Originating Lender City

MOUNT OLIVE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

386120.46

Forgiveness Date

01/28/2022

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