PPP Loan information for Wilmington convention hotel llc

$1,012,500

Wilmington convention hotel llc was initially approved for PPP Loan of amount $1,012,500, the current approved amount is $1,012,500. The loan was approved on 02/09/2021 by The TowneBank reported 81 jobs and $1,012,500 was used to fund payroll.

Wilmington convention hotel llc is Existing or more than 2 years old

PPP Loan Search / NC / Wilmington / Wilmington convention hotel llc

WILMINGTON CONVENTION HOTEL LLC

Date Approved

02/09/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

WILMINGTON CONVENTION HOTEL LLC

Borrower Address

9 Estell Lee Place

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28401

Loan Status Date

01/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1012500.00

Current Approval Amount

1012500.00

Undisbursed Amount

0.00

Franchise Name

Embassy Suites by Hilton

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28401

CD

NC-07

Jobs Reported

81

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1012495.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1021387.50

Forgiveness Date

01/03/2022

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