PPP Loan information for Marco drive hotels llc

$85,500

Marco drive hotels llc was initially approved for PPP Loan of amount $85,500, the current approved amount is $85,500. The loan was approved on 01/23/2021 by The TowneBank reported 20 jobs and $85,500 was used to fund payroll.

Marco drive hotels llc is Existing or more than 2 years old

PPP Loan Search / NC / Apex / Marco drive hotels llc

MARCO DRIVE HOTELS LLC

Date Approved

01/23/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MARCO DRIVE HOTELS LLC

Borrower Address

1005 Marco Dr

Borrower City

Apex

Borrower State

NC

Borrower Zip

27502-1875

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85500.00

Current Approval Amount

85500.00

Undisbursed Amount

0.00

Franchise Name

Candlewood Suites

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

Apex

Project County Name

WAKE

Project State

NC

Project Zip

27502-1875

CD

NC-13

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

85496.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85927.50

Forgiveness Date

07/30/2021

;