Hotel Ventures of Smithfield, INC

$53,700 PPP Loan in Smithfield, North Carolina

Loan Details

Loan Number
5620207010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$53,700
Current Approval
$53,700
Forgiveness Amount
$54,200
Forgiveness Date
Mar 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Hotel Ventures of Smithfield, INC
Address
145 South Equity Dr
ZIP Code
27577-6035
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Best Western - Membership Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
$5.0M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$40,275
Mortgage Interest
$13,425

Lender Information

Servicing Lender
Carolina Bank & Trust Co.
Originating Lender
Carolina Bank & Trust Co.

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