PPP Loan information for Budget motels inc.

$299,331

Budget motels inc. was initially approved for PPP Loan of amount $299,331, the current approved amount is $299,331. The loan was approved on 03/13/2021 by The Truist Bank reported 23 jobs and $299,331 was used to fund payroll.

Budget motels inc. is Existing or more than 2 years old

PPP Loan Search / VA / Manassas / Budget motels inc.

BUDGET MOTELS INC.

Date Approved

03/13/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

BUDGET MOTELS INC.

Borrower Address

10605 Gaskins Way

Borrower City

Manassas

Borrower State

VA

Borrower Zip

20109-2371

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

299330.50

Current Approval Amount

299330.50

Undisbursed Amount

0.00

Franchise Name

911 Restoration

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Manassas

Project County Name

PRINCE WILLIAM

Project State

VA

Project Zip

20109-2371

CD

VA-10

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

299328.50

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301974.59

Forgiveness Date

02/07/2022

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