PPP Loan information for Salisbury street hotel llc

$387,500

Salisbury street hotel llc was initially approved for PPP Loan of amount $416,600, the current approved amount is $387,500. The loan was approved on 04/11/2020 by The Oriental Bank reported 75 jobs and $387,500 was used to fund payroll.

Salisbury street hotel llc is Existing or more than 2 years old

PPP Loan Search / NC / RALEIGH / Salisbury street hotel llc

SALISBURY STREET HOTEL LLC

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALISBURY STREET HOTEL LLC

Borrower Address

3141 John Humphries Wynd suite 200

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27612

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

416600.00

Current Approval Amount

387500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119281

Servicing Lender Name

Oriental Bank

Servicing Lender Address

254 Ave Mu<td,n>oz Rivera, Esq. Ave Chardon Hato Rey

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918-1900

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27612-0001

CD

NC-02

Jobs Reported

75

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

387500.00

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

119281

Originating Lender

Oriental Bank

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

392483.68

Forgiveness Date

07/28/2021

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