PPP Loan information for Valley hospitality inc

$106,000

Valley hospitality inc was initially approved for PPP Loan of amount $106,000, the current approved amount is $106,000. The loan was approved on 04/04/2020 by The The First Bank and Trust Company reported 25 jobs and $106,000 was used to fund payroll.

Valley hospitality inc is Existing or more than 2 years old

PPP Loan Search / VA / STAUNTON / Valley hospitality inc

VALLEY HOSPITALITY INC

Date Approved

04/04/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

VALLEY HOSPITALITY INC

Borrower Address

2815 AUGUSTA ST

Borrower City

STAUNTON

Borrower State

VA

Borrower Zip

24401-2567

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106000.00

Current Approval Amount

106000.00

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STAUNTON

Project County Name

STAUNTON CITY

Project State

VA

Project Zip

24401-2567

CD

VA-06

Jobs Reported

25

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

106000.00

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

Subchapter S Corporation

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

106995.22

Forgiveness Date

03/23/2021

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