PPP Loan information for Staywell hotels inc.

$82,687

Staywell hotels inc. was initially approved for PPP Loan of amount $82,688, the current approved amount is $82,687. The loan was approved on 02/03/2021 by The Truist Bank reported 17 jobs and $82,687 was used to fund payroll.

Staywell hotels inc. is Existing or more than 2 years old

STAYWELL HOTELS INC.

Date Approved

02/03/2021

SBA Office Code

0460

Processing Method

PPS

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

60

SBA Guaranty Percentage

100

Initial Approval Amount

82687.53

Current Approval Amount

82687.00

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

Existing or more than 2 years old

Project City

Rockingham

Project County Name

RICHMOND

Project State

NC

Project Zip

28379-7538

CD

NC-08

Jobs Reported

17

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82682.00

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

83116.51

Forgiveness Date

08/25/2021

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