PPP Loan information for Electric city hotel group llc

$82,700

Electric city hotel group llc was initially approved for PPP Loan of amount $82,700, the current approved amount is $82,700. The loan was approved on 02/02/2021 by The First-Citizens Bank & Trust Company reported 12 jobs and $82,700 was used to fund payroll.

Electric city hotel group llc is Existing or more than 2 years old

ELECTRIC CITY HOTEL GROUP LLC

Date Approved

02/02/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

ELECTRIC CITY HOTEL GROUP LLC

Borrower Address

102 Electric City Blvd

Borrower City

Anderson

Borrower State

SC

Borrower Zip

29621-2306

Loan Status Date

05/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82700.00

Current Approval Amount

82700.00

Undisbursed Amount

0.00

Franchise Name

Microtel Inn & Suites by Wyndham

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-2306

CD

SC-03

Jobs Reported

12

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

82697.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

83667.48

Forgiveness Date

04/11/2022

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