PPP Loan information for Riverside hotel properties inc.

$126,255

Riverside hotel properties inc. was initially approved for PPP Loan of amount $126,255, the current approved amount is $126,255. The loan was approved on 02/04/2021 by The First Carolina Bank reported 28 jobs and $126,255 was used to fund payroll.

Riverside hotel properties inc. is Existing or more than 2 years old

RIVERSIDE HOTEL PROPERTIES INC.

Date Approved

02/04/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RIVERSIDE HOTEL PROPERTIES INC.

Borrower Address

3810 N Elm St Ste 202

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27455-2726

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126255.00

Current Approval Amount

126255.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

203771

Servicing Lender Name

First Carolina Bank

Servicing Lender Address

171 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2236

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27455-2726

CD

NC-06

Jobs Reported

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

126252.00

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

Subchapter S Corporation

Originating Lender Location Id

203771

Originating Lender

First Carolina Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127040.59

Forgiveness Date

09/24/2021

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