PPP Loan information for Welcome hotel boone inc

$55,500

Welcome hotel boone inc was initially approved for PPP Loan of amount $55,500, the current approved amount is $55,500. The loan was approved on 04/27/2020 by The Peoples Bank reported 7 jobs and $55,500 was used to fund payroll.

Welcome hotel boone inc is Existing or more than 2 years old

PPP Loan Search / NC / BOONE / Welcome hotel boone inc

WELCOME HOTEL BOONE INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

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

02/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55500.00

Current Approval Amount

55500.00

Undisbursed Amount

0.00

Franchise Name

Comfort Inn by Choice Hotels/Comfort 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

BOONE

Project County Name

WATAUGA

Project State

NC

Project Zip

28607-4233

CD

NC-05

Jobs Reported

7

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55500.00

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

39596

Originating Lender

Peoples Bank

Originating Lender City

MENDENHALL

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55874.05

Forgiveness Date

01/07/2021

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