PPP Loan information for Sterling hotel group

$123,086

Sterling hotel group was initially approved for PPP Loan of amount $123,086, the current approved amount is $123,086. The loan was approved on 03/23/2021 by The Old Dominion National Bank reported 12 jobs and $123,086 was used to fund payroll.

Sterling hotel group is Existing or more than 2 years old

STERLING HOTEL GROUP

Date Approved

03/23/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

STERLING HOTEL GROUP

Borrower Address

22744 Holiday Park Dr

Borrower City

Sterling

Borrower State

VA

Borrower Zip

20166-9497

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123086.00

Current Approval Amount

123086.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling

Project County Name

LOUDOUN

Project State

VA

Project Zip

20166-9497

CD

VA-10

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

123083.00

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

Trust

Originating Lender Location Id

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101500.16

Forgiveness Date

10/18/2021

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