PPP Loan information for Motel group inc.

$102,922

Motel group inc. was initially approved for PPP Loan of amount $102,921, the current approved amount is $102,922. The loan was approved on 01/20/2021 by The HomeTrust Bank reported 20 jobs and $102,922 was used to fund payroll.

Motel group inc. is Existing or more than 2 years old

PPP Loan Search / NC / Asheville / Motel group inc.

MOTEL GROUP INC.

Date Approved

01/20/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

MOTEL GROUP INC.

Borrower Address

8 Crowell Rd

Borrower City

Asheville

Borrower State

NC

Borrower Zip

28806-1105

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

102921.00

Current Approval Amount

102921.91

Undisbursed Amount

0.00

Franchise Name

Rodeway Inn by Choice Hotels/Rodeway Inn & Suites by Choice Hotels

Servicing Lender Location Id

77468

Servicing Lender Name

HomeTrust Bank

Servicing Lender Address

10 Woodfin St

Servicing Lender City

ASHEVILLE

Servicing Lender State

NC

Servicing Lender Zip

28801-3022

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asheville

Project County Name

BUNCOMBE

Project State

NC

Project Zip

28806-1105

CD

NC-11

Jobs Reported

20

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

102917.91

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

77468

Originating Lender

HomeTrust Bank

Originating Lender City

ASHEVILLE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

103494.33

Forgiveness Date

08/25/2021

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