PPP Loan information for Welcome hotels of gso inc

$102,400

Welcome hotels of gso inc was initially approved for PPP Loan of amount $102,400, the current approved amount is $102,400. The loan was approved on 02/14/2021 by The First Bank reported 17 jobs and $102,400 was used to fund payroll.

Welcome hotels of gso inc is Existing or more than 2 years old

WELCOME HOTELS OF GSO INC

Date Approved

02/14/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WELCOME HOTELS OF GSO INC

Borrower Address

7 Sharps Airpark Ct

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27409-9311

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102400.00

Current Approval Amount

102400.00

Undisbursed Amount

0.00

Franchise Name

Sleep Inn by Choice Hotels/Sleep Inn & Suites by Choice Hotels

Servicing Lender Location Id

51812

Servicing Lender Name

First Bank

Servicing Lender Address

205 SE Broad St

Servicing Lender City

SOUTHERN PINES

Servicing Lender State

NC

Servicing Lender Zip

28387-6106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27409-9311

CD

NC-06

Jobs Reported

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102399.00

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

51812

Originating Lender

First Bank

Originating Lender City

SOUTHERN PINES

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

102991.64

Forgiveness Date

09/20/2021

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