Date Approved
01/22/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
WELCOME HOTEL BOONE INC
Borrower Address
840 E King St
Borrower City
Boone
Borrower State
NC
Borrower Zip
28607-4233
Loan Status Date
11/06/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
77375.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels
Servicing Lender Location Id
39596
Servicing Lender Name
Peoples Bank
Servicing Lender Address
160 E Maud Ave
Servicing Lender City
MENDENHALL
Servicing Lender State
MS
Servicing Lender Zip
39114-3575
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WATAUGA
Project State
Project Zip
CD
NC-05
Jobs Reported
7
NAICS Code
721110
Race
Asian
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
77373.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
77896.49
Forgiveness Date
10/06/2021