Raines Hospitality. Inc.

$260,300 PPP Loan in Florence, South Carolina

Loan Details

Loan Number
5936197005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$260,300
Current Approval
$260,300
Forgiveness Amount
$263,459
Forgiveness Date
Jul 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Raines Hospitality. Inc.
Address
1943 Hoffmeyer Rd Suite C
ZIP Code
29501-3939
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
SC-07

Loan Use Breakdown

Payroll
$229,220
Rent
$10,340
Utilities
$2,000
Health Care
$18,740

Lender Information

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

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