PPP Loan information for Capstone hotel, ltd

$637,500

Capstone hotel, ltd was initially approved for PPP Loan of amount $637,500, the current approved amount is $637,500. The loan was approved on 04/09/2020 by The SmartBank reported 121 jobs and $637,500 was used to fund payroll.

Capstone hotel, ltd is Existing or more than 2 years old

CAPSTONE HOTEL, LTD

Date Approved

04/09/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

CAPSTONE HOTEL, LTD

Borrower Address

One Office Park Circle, Suite 101

Borrower City

MOUNTAIN BRK

Borrower State

AL

Borrower Zip

35223-2514

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

637500.00

Current Approval Amount

637500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

445288

Servicing Lender Name

SmartBank

Servicing Lender Address

2430 Teaster Ln, Ste 205

Servicing Lender City

PIGEON FORGE

Servicing Lender State

TN

Servicing Lender Zip

37863-5274

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNTAIN BRK

Project County Name

JEFFERSON

Project State

AL

Project Zip

35223-2514

CD

AL-06

Jobs Reported

121

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

637500.00

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

Limited Liability Partnership

Originating Lender Location Id

445288

Originating Lender

SmartBank

Originating Lender City

PIGEON FORGE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

645415.62

Forgiveness Date

07/07/2021

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