Commonwealth Hospitality Corp.

$275,000 PPP Loan in Harrisonburg, Virginia

Loan Details

Loan Number
8581717010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$275,000
Current Approval
$275,000
Forgiveness Amount
$277,681
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Commonwealth Hospitality Corp.
Address
263 Fairway Dr
ZIP Code
22802-8773
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$220,000
Utilities
$25,000
Health Care
$23,000
Mortgage Interest
$7,000

Lender Information

Servicing Lender
City National Bank of West Virginia
Originating Lender
City National Bank of West Virginia

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