PPP Loan information for Pinehurst motel

$16,400

Pinehurst motel was initially approved for PPP Loan of amount $8,500, the current approved amount is $16,400. The loan was approved on 04/28/2020 by The Atlantic Union Bank reported 1 jobs and $16,400 was used to fund payroll.

Pinehurst motel is Existing or more than 2 years old

PINEHURST MOTEL

Date Approved

04/28/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PINEHURST MOTEL

Borrower Address

718 E. Madison St

Borrower City

Covington

Borrower State

VA

Borrower Zip

24426

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8500.00

Current Approval Amount

16400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Covington

Project County Name

COVINGTON CITY

Project State

VA

Project Zip

24426-0001

CD

VA-06

Jobs Reported

1

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

16400.00

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

Sole Proprietorship

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

16612.29

Forgiveness Date

08/23/2021

;