PPP Loan information for Staywell hotels inc

$59,100

Staywell hotels inc was initially approved for PPP Loan of amount $59,063, the current approved amount is $59,100. The loan was approved on 04/29/2020 by The Truist Bank reported 20 jobs and $59,100 was used to fund payroll.

Staywell hotels inc is Unanswered

STAYWELL HOTELS INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

STAYWELL HOTELS INC

Borrower Address

800 E US HIGHWAY 74

Borrower City

ROCKINGHAM

Borrower State

NC

Borrower Zip

28379-7538

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59062.50

Current Approval Amount

59100.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

ROCKINGHAM

Project County Name

RICHMOND

Project State

NC

Project Zip

28379-7538

CD

NC-08

Jobs Reported

20

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59100.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

59869.94

Forgiveness Date

08/19/2021

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