PPP Loan information for Milan hotels, inc

$84,882

Milan hotels, inc was initially approved for PPP Loan of amount $84,882, the current approved amount is $84,882. The loan was approved on 04/28/2020 by The Tennessee State Bank reported 15 jobs and $84,882 was used to fund payroll.

Milan hotels, inc is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / Milan hotels, inc

MILAN HOTELS, INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MILAN HOTELS, INC

Borrower Address

180 Tunnel Rd

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28805-1853

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

84882.00

Current Approval Amount

84882.00

Undisbursed Amount

0.00

Franchise Name

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

28805-1853

CD

NC-11

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8488.00

Payroll Proceed

67906.00

Mortgage Interest Proceed

8488.00

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

85478.53

Forgiveness Date

01/08/2021

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