PPP Loan information for Better hotels ltd

$113,283

Better hotels ltd was initially approved for PPP Loan of amount $113,283, the current approved amount is $113,283. The loan was approved on 03/16/2021 by The Clear Fork Bank National Association reported 17 jobs and $113,283 was used to fund payroll.

Better hotels ltd is Existing or more than 2 years old

BETTER HOTELS LTD

Date Approved

03/16/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

BETTER HOTELS LTD

Borrower Address

1625 Highway 351

Borrower City

Abilene

Borrower State

TX

Borrower Zip

79601

Loan Status Date

01/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

113283.00

Current Approval Amount

113283.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68950

Servicing Lender Name

Clear Fork Bank National Association

Servicing Lender Address

100 S Main

Servicing Lender City

ALBANY

Servicing Lender State

TX

Servicing Lender Zip

76430

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Abilene

Project County Name

TAYLOR

Project State

TX

Project Zip

79601

CD

TX-11

Jobs Reported

17

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

113280.00

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

Partnership

Originating Lender Location Id

68950

Originating Lender

Clear Fork Bank National Association

Originating Lender City

ALBANY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114123.18

Forgiveness Date

12/09/2021

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