PPP Loan information for Triad hospitality corporation

$123,500

Triad hospitality corporation was initially approved for PPP Loan of amount $123,500, the current approved amount is $123,500. The loan was approved on 01/25/2021 by The TowneBank reported 23 jobs and $123,500 was used to fund payroll.

Triad hospitality corporation is Existing or more than 2 years old

TRIAD HOSPITALITY CORPORATION

Date Approved

01/25/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

TRIAD HOSPITALITY CORPORATION

Borrower Address

2008 S Hawthorne Rd

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27103-3030

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

123500.00

Current Approval Amount

123500.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-3030

CD

NC-05

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

123495.00

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

Rollover as Business Start-Ups (ROB

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124546.32

Forgiveness Date

12/01/2021

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