PPP Loan information for Ric hotel llc

$262,745

Ric hotel llc was initially approved for PPP Loan of amount $262,745, the current approved amount is $262,745. The loan was approved on 02/08/2021 by The Citizens and Farmers Bank reported 20 jobs and $262,745 was used to fund payroll.

Ric hotel llc is Existing or more than 2 years old

RIC HOTEL LLC

Date Approved

02/08/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RIC HOTEL LLC

Borrower Address

2000 Ware Bottom Spring Rd

Borrower City

Chester

Borrower State

VA

Borrower Zip

23836-4200

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

262745.00

Current Approval Amount

262745.00

Undisbursed Amount

0.00

Franchise Name

Hilton Garden Inn

Servicing Lender Location Id

74135

Servicing Lender Name

Citizens and Farmers Bank

Servicing Lender Address

415 14th St

Servicing Lender City

WEST POINT

Servicing Lender State

VA

Servicing Lender Zip

23181

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chester

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23836-4200

CD

VA-04

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

262739.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

74135

Originating Lender

Citizens and Farmers Bank

Originating Lender City

WEST POINT

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265185.29

Forgiveness Date

01/18/2022

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