PPP Loan information for Carothers hotel partners, llc

$972,800

Carothers hotel partners, llc was initially approved for PPP Loan of amount $972,800, the current approved amount is $972,800. The loan was approved on 04/06/2020 by The First Horizon Bank reported 121 jobs and $972,800 was used to fund payroll.

Carothers hotel partners, llc is New Business or 2 years or less

PPP Loan Search / TN / FRANKLIN / Carothers hotel partners, llc

CAROTHERS HOTEL PARTNERS, LLC

Date Approved

04/06/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

CAROTHERS HOTEL PARTNERS, LLC

Borrower Address

5000 Meridian Blvd Suite 750

Borrower City

FRANKLIN

Borrower State

TN

Borrower Zip

37067-6664

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

972800.00

Current Approval Amount

972800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FRANKLIN

Project County Name

WILLIAMSON

Project State

TN

Project Zip

37067-6664

CD

TN-07

Jobs Reported

121

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

75000.00

Payroll Proceed

729929.00

Mortgage Interest Proceed

167871.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

983432.52

Forgiveness Date

08/13/2021

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