PPP Loan information for Alabama hotels, llc

$410,443

Alabama hotels, llc was initially approved for PPP Loan of amount $410,443, the current approved amount is $410,443. The loan was approved on 04/05/2020 by The The First Bank reported 65 jobs and $410,443 was used to fund payroll.

Alabama hotels, llc is Existing or more than 2 years old

ALABAMA HOTELS, LLC

Date Approved

04/05/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ALABAMA HOTELS, LLC

Borrower Address

19 WOODSTONE PLZ

Borrower City

HATTIESBURG

Borrower State

MS

Borrower Zip

39402-8342

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

410442.70

Current Approval Amount

410442.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HATTIESBURG

Project County Name

LAMAR

Project State

MS

Project Zip

39402-8342

CD

MS-04

Jobs Reported

65

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

307832.03

Mortgage Interest Proceed

102610.67

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

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

413657.83

Forgiveness Date

01/25/2021

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