PPP Loan information for 42 lodging llc

$197,680

42 lodging llc was initially approved for PPP Loan of amount $197,680, the current approved amount is $197,680. The loan was approved on 02/05/2021 by The German American Bank reported 36 jobs and $197,680 was used to fund payroll.

42 lodging llc is Existing or more than 2 years old

PPP Loan Search / KY / Florence / 42 lodging llc

42 LODGING LLC

Date Approved

02/05/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

42 LODGING LLC

Borrower Address

7905 Freedom Way

Borrower City

Florence

Borrower State

KY

Borrower Zip

41042-2225

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

197680.00

Current Approval Amount

197680.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Florence

Project County Name

BOONE

Project State

KY

Project Zip

41042-2225

CD

KY-04

Jobs Reported

36

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

197674.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

199272.27

Forgiveness Date

12/01/2021

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