PPP Loan information for Riverside motel corporation

$114,520

Riverside motel corporation was initially approved for PPP Loan of amount $114,520, the current approved amount is $114,520. The loan was approved on 02/12/2021 by The Primis Bank reported 20 jobs and $114,520 was used to fund payroll.

Riverside motel corporation is Existing or more than 2 years old

PPP Loan Search / VA / Danville / Riverside motel corporation

RIVERSIDE MOTEL CORPORATION

Date Approved

02/12/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

RIVERSIDE MOTEL CORPORATION

Borrower Address

2130 Riverside Dr

Borrower City

Danville

Borrower State

VA

Borrower Zip

24540-4215

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114520.00

Current Approval Amount

114520.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Danville

Project County Name

DANVILLE CITY

Project State

VA

Project Zip

24540-4215

CD

VA-05

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

114515.00

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

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

115147.51

Forgiveness Date

09/08/2021

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