Date Approved
04/29/2020
SBA Office Code
0460
Processing Method
PPP
Borrower Name
SPECTRUM HOSPITALITY, LLC
Borrower Address
1305 COLLEGIATE DR
Borrower City
WILKESBORO
Borrower State
NC
Borrower Zip
28697-2132
Loan Status Date
02/24/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
80740.00
Current Approval Amount
80739.00
Undisbursed Amount
0.00
Franchise Name
Hampton Inn
Servicing Lender Location Id
73473
Servicing Lender Name
Skyline National Bank
Servicing Lender Address
113 W Main St
Servicing Lender City
INDEPENDENCE
Servicing Lender State
VA
Servicing Lender Zip
24348
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WILKES
Project State
Project Zip
CD
NC-05
Jobs Reported
25
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
20184.00
Payroll Proceed
60555.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
81278.73
Forgiveness Date
01/07/2021