PPP Loan information for Best western hotel

$28,125

Best western hotel was initially approved for PPP Loan of amount $28,125, the current approved amount is $28,125. The loan was approved on 01/16/2021 by The Southern Independent Bank reported 6 jobs and $28,125 was used to fund payroll.

Best western hotel is Existing or more than 2 years old

BEST WESTERN HOTEL

Date Approved

01/16/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

BEST WESTERN HOTEL

Borrower Address

7084 Veterans Memorial Pkwy

Borrower City

Opp

Borrower State

AL

Borrower Zip

36467-3772

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

28124.91

Current Approval Amount

28124.91

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444795

Servicing Lender Name

Southern Independent Bank

Servicing Lender Address

503 N Main St

Servicing Lender City

OPP

Servicing Lender State

AL

Servicing Lender Zip

36467-1629

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Opp

Project County Name

COVINGTON

Project State

AL

Project Zip

36467-3772

CD

AL-02

Jobs Reported

6

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

28118.91

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

444795

Originating Lender

Southern Independent Bank

Originating Lender City

OPP

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28240.53

Forgiveness Date

06/23/2021

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