Palm Suites Hotel, LLC

$77,000 PPP Loan in Atlantic Beach, North Carolina

Loan Details

Loan Number
9098937000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$77,000
Current Approval
$77,000
Forgiveness Amount
$78,181
Forgiveness Date
Oct 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palm Suites Hotel, LLC
Address
602 W Fort Macon Road
ZIP Code
28512-5310
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-03

Loan Use Breakdown

Payroll
$57,750
Rent
$5,000
Utilities
$14,250

Lender Information

Servicing Lender
First Bank
Originating Lender
First Bank

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