PPP Loan information for Salem hotel group, llc

$145,718

Salem hotel group, llc was initially approved for PPP Loan of amount $145,718, the current approved amount is $145,718. The loan was approved on 04/16/2020 by The Pinnacle Bank reported 36 jobs and $145,718 was used to fund payroll.

Salem hotel group, llc is Existing or more than 2 years old

PPP Loan Search / SC / ANDERSON / Salem hotel group, llc

SALEM HOTEL GROUP, LLC

Date Approved

04/16/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SALEM HOTEL GROUP, LLC

Borrower Address

109 DESTINATION BLVD

Borrower City

ANDERSON

Borrower State

SC

Borrower Zip

29621

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145717.50

Current Approval Amount

145717.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANDERSON

Project County Name

ANDERSON

Project State

SC

Project Zip

29621-1000

CD

SC-03

Jobs Reported

36

NAICS Code

721110

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145717.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147601.85

Forgiveness Date

08/09/2021

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