PPP Loan information for American motel management inc

$271,277

American motel management inc was initially approved for PPP Loan of amount $271,277, the current approved amount is $271,277. The loan was approved on 01/19/2021 by The AmeriState Bank reported 13 jobs and $271,277 was used to fund payroll.

American motel management inc is Existing or more than 2 years old

PPP Loan Search / GA / Tucker / American motel management inc

AMERICAN MOTEL MANAGEMENT INC

Date Approved

01/19/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

AMERICAN MOTEL MANAGEMENT INC

Borrower Address

1872 Montreal Rd

Borrower City

Tucker

Borrower State

GA

Borrower Zip

30084-5709

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

271276.92

Current Approval Amount

271276.92

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58753

Servicing Lender Name

AmeriState Bank

Servicing Lender Address

131 S Pennsylvania St

Servicing Lender City

ATOKA

Servicing Lender State

OK

Servicing Lender Zip

74525-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tucker

Project County Name

DEKALB

Project State

GA

Project Zip

30084-5709

CD

GA-04

Jobs Reported

13

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

271273.92

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

Subchapter S Corporation

Originating Lender Location Id

58753

Originating Lender

AmeriState Bank

Originating Lender City

ATOKA

Originating Lender State

OK

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

274524.81

Forgiveness Date

04/05/2022

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