PPP Loan information for Race city hotel llc

$115,616

Race city hotel llc was initially approved for PPP Loan of amount $115,616, the current approved amount is $115,616. The loan was approved on 02/09/2021 by The Truist Bank reported 13 jobs and $115,616 was used to fund payroll.

Race city hotel llc is Existing or more than 2 years old

PPP Loan Search / NC / Mooresville / Race city hotel llc

RACE CITY HOTEL LLC

Date Approved

02/09/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

RACE CITY HOTEL LLC

Borrower Address

3247 Charlotte Hwy

Borrower City

Mooresville

Borrower State

NC

Borrower Zip

28117-5514

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115616.00

Current Approval Amount

115616.00

Undisbursed Amount

0.00

Franchise Name

B.C. Roosters

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mooresville

Project County Name

IREDELL

Project State

NC

Project Zip

28117-5514

CD

NC-10

Jobs Reported

13

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

115612.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116846.03

Forgiveness Date

03/09/2022

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