PPP Loan information for Salem hospitality inc

$110,200

Salem hospitality inc was initially approved for PPP Loan of amount $110,200, the current approved amount is $110,200. The loan was approved on 04/14/2020 by The Truist Bank reported 35 jobs and $110,200 was used to fund payroll.

Salem hospitality inc is Existing or more than 2 years old

PPP Loan Search / NC / GREENSBORO / Salem hospitality inc

SALEM HOSPITALITY INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM HOSPITALITY INC

Borrower Address

2011 VEASLEY ST

Borrower City

GREENSBORO

Borrower State

NC

Borrower Zip

27407-4637

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

110200.00

Current Approval Amount

110200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENSBORO

Project County Name

GUILFORD

Project State

NC

Project Zip

27407-4637

CD

NC-06

Jobs Reported

35

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

110200.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

111329.55

Forgiveness Date

04/29/2021

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