PPP Loan information for Pearl hospitality llc

$91,280

Pearl hospitality llc was initially approved for PPP Loan of amount $91,280, the current approved amount is $91,280. The loan was approved on 04/20/2021 by The Bank of Oak Ridge reported 11 jobs and $91,280 was used to fund payroll.

Pearl hospitality llc is Existing or more than 2 years old

PEARL HOSPITALITY LLC

Date Approved

04/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PEARL HOSPITALITY LLC

Borrower Address

5719 University Pkwy

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27105-1378

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

91279.54

Current Approval Amount

91279.54

Undisbursed Amount

0.00

Franchise Name

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

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-1378

CD

NC-05

Jobs Reported

11

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

91275.54

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

92179.66

Forgiveness Date

04/12/2022

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