PPP Loan information for Arabian motel

$6,750

Arabian motel was initially approved for PPP Loan of amount $6,750, the current approved amount is $6,750. The loan was approved on 04/14/2020 by The Citizens Bank & Trust reported 3 jobs and $6,750 was used to fund payroll.

Arabian motel is Existing or more than 2 years old

ARABIAN MOTEL

Date Approved

04/14/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

ARABIAN MOTEL

Borrower Address

631 N MAIN ST

Borrower City

ARAB

Borrower State

AL

Borrower Zip

35016-1028

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6750.00

Current Approval Amount

6750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

323110

Servicing Lender Name

Citizens Bank & Trust

Servicing Lender Address

711 Gunter Ave

Servicing Lender City

GUNTERSVILLE

Servicing Lender State

AL

Servicing Lender Zip

35976-1515

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ARAB

Project County Name

MARSHALL

Project State

AL

Project Zip

35016-1028

CD

AL-04

Jobs Reported

3

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

6750.00

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

Sole Proprietorship

Originating Lender Location Id

323110

Originating Lender

Citizens Bank & Trust

Originating Lender City

GUNTERSVILLE

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

6793.13

Forgiveness Date

12/02/2020

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