Lake Norman Motel Restaurant &

$89,600 PPP Loan in Sherrills Ford, North Carolina

Loan Details

Loan Number
1162907208
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$89,600
Current Approval
$89,600
Forgiveness Amount
$90,416
Forgiveness Date
Mar 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Lake Norman Motel Restaurant &
Address
4491 Slanting Bridge Rd
ZIP Code
28673-9260
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$89,600

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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