Rapids Hotels LLC

$44,726 PPP Loan in Selma, North Carolina

Loan Details

Loan Number
6874398305
Date Approved
Jan 27, 2021
Loan Status
Paid in Full
Initial Approval
$44,726
Current Approval
$44,726
Forgiveness Amount
$45,078
Forgiveness Date
Nov 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rapids Hotels LLC
Address
1780 Outlet Center Dr
City
Selma
ZIP Code
27576-3455
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Franchise
Econo Lodge by Choice Hotels/econo Lodge Inn & Suites by Choice Hotels
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-13

Loan Use Breakdown

Payroll
$44,724
Utilities
$1

Lender Information

Servicing Lender
Providence Bank
Originating Lender
Providence Bank

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