PPP Loan information for Salem hotel group llc

$204,005

Salem hotel group llc was initially approved for PPP Loan of amount $204,005, the current approved amount is $204,005. The loan was approved on 01/26/2021 by The Pinnacle Bank reported 20 jobs and $204,005 was used to fund payroll.

Salem hotel group llc is Existing or more than 2 years old

PPP Loan Search / SC / Anderson / Salem hotel group llc

SALEM HOTEL GROUP LLC

Date Approved

01/26/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

SALEM HOTEL GROUP LLC

Borrower Address

109 Destination Blvd

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29621-2343

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

204004.50

Current Approval Amount

204004.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-2343

CD

SC-03

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

203999.50

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

205888.05

Forgiveness Date

01/03/2022

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