PPP Loan information for Milan hospitality inc

$158,673

Milan hospitality inc was initially approved for PPP Loan of amount $158,673, the current approved amount is $158,673. The loan was approved on 01/27/2021 by The Tennessee State Bank reported 17 jobs and $158,673 was used to fund payroll.

Milan hospitality inc is Existing or more than 2 years old

MILAN HOSPITALITY INC

Date Approved

01/27/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MILAN HOSPITALITY INC

Borrower Address

199 Tunnel Rd

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28805-1844

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

158672.50

Current Approval Amount

158672.50

Undisbursed Amount

0.00

Franchise Name

Country Inn & Suites by Radisson

Servicing Lender Location Id

67003

Servicing Lender Name

Tennessee State Bank

Servicing Lender Address

2210 Parkway

Servicing Lender City

Pigeon Forge

Servicing Lender State

TN

Servicing Lender Zip

37868

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28805-1844

CD

NC-11

Jobs Reported

17

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

158670.50

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

67003

Originating Lender

Tennessee State Bank

Originating Lender City

Pigeon Forge

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160404.67

Forgiveness Date

03/10/2022

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