PPP Loan information for Palmetto hospitality ventures inc

$184,246

Palmetto hospitality ventures inc was initially approved for PPP Loan of amount $184,246, the current approved amount is $184,246. The loan was approved on 01/20/2021 by The Carolina Bank & Trust Co. reported 30 jobs and $184,246 was used to fund payroll.

Palmetto hospitality ventures inc is Existing or more than 2 years old

PALMETTO HOSPITALITY VENTURES INC

Date Approved

01/20/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

PALMETTO HOSPITALITY VENTURES INC

Borrower Address

1943 Hoffmeyer Rd Ste C

Borrower City

Florence

Borrower State

SC

Borrower Zip

29501-3939

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

184246.00

Current Approval Amount

184246.00

Undisbursed Amount

0.00

Franchise Name

Residence Inn by Marriott

Servicing Lender Location Id

66176

Servicing Lender Name

Carolina Bank & Trust Co.

Servicing Lender Address

112 Main St

Servicing Lender City

LAMAR

Servicing Lender State

SC

Servicing Lender Zip

29069

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

FLORENCE

Project State

SC

Project Zip

29501-3939

CD

SC-07

Jobs Reported

30

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

184242.00

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

66176

Originating Lender

Carolina Bank & Trust Co.

Originating Lender City

LAMAR

Originating Lender State

SC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

186522.57

Forgiveness Date

04/19/2022

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