PPP Loan information for Nutel inc.

$76,200

Nutel inc. was initially approved for PPP Loan of amount $76,200, the current approved amount is $76,200. The loan was approved on 04/11/2020 by The Citizens National Bank reported 17 jobs and $76,200 was used to fund payroll.

Nutel inc. is Existing or more than 2 years old

PPP Loan Search / NC / ASHEVILLE / Nutel inc.

NUTEL INC.

Date Approved

04/11/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

NUTEL INC.

Borrower Address

204 HENDERSONVILLE RD

Borrower City

ASHEVILLE

Borrower State

NC

Borrower Zip

28803-2745

Loan Status Date

06/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76200.00

Current Approval Amount

76200.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

68841

Servicing Lender Name

Citizens National Bank

Servicing Lender Address

200 Forks of the River Pkwy

Servicing Lender City

SEVIERVILLE

Servicing Lender State

TN

Servicing Lender Zip

37862-3419

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

28803-2745

CD

NC-11

Jobs Reported

17

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

76200.00

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

Corporation

Originating Lender Location Id

68841

Originating Lender

Citizens National Bank

Originating Lender City

SEVIERVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77005.84

Forgiveness Date

05/13/2021

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