PPP Loan information for Best western hotel

$20,089

Best western hotel was initially approved for PPP Loan of amount $20,089, the current approved amount is $20,089. The loan was approved on 04/06/2020 by The Southern Independent Bank reported 6 jobs and $20,089 was used to fund payroll.

Best western hotel is Existing or more than 2 years old

BEST WESTERN HOTEL

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

BEST WESTERN HOTEL

Borrower Address

7084 VETERANS MEMORIAL PKWY

Borrower City

OPP

Borrower State

AL

Borrower Zip

36467-3772

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20089.23

Current Approval Amount

20089.23

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

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

0.00

Payroll Proceed

20089.23

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

20253.29

Forgiveness Date

02/02/2021

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