PPP Loan information for Raines hospitality. inc.

$260,300

Raines hospitality. inc. was initially approved for PPP Loan of amount $260,300, the current approved amount is $260,300. The loan was approved on 04/06/2020 by The Carolina Bank & Trust Co. reported 17 jobs and $260,300 was used to fund payroll.

Raines hospitality. inc. is Existing or more than 2 years old

PPP Loan Search / SC / FLORENCE / Raines hospitality. inc.

RAINES HOSPITALITY. INC.

Date Approved

04/06/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

RAINES HOSPITALITY. INC.

Borrower Address

1943 HOFFMEYER RD Suite C

Borrower City

FLORENCE

Borrower State

SC

Borrower Zip

29501-3939

Loan Status Date

08/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

260300.00

Current Approval Amount

260300.00

Undisbursed Amount

0.00

Franchise Name

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

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

229220.00

Mortgage Interest Proceed

0.00

Rent Proceed

10340.00

Refinance EIDL Proceed

0.00

Health Care Proceed

18740.00

Debt Interest Proceed

0

Business Type

Subchapter S 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

263459.26

Forgiveness Date

07/06/2021

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