PPP Loan information for Drar hotels llc

$70,041

Drar hotels llc was initially approved for PPP Loan of amount $70,041, the current approved amount is $70,041. The loan was approved on 04/06/2020 by The Connect Bank reported 19 jobs and $70,041 was used to fund payroll.

Drar hotels llc is Existing or more than 2 years old

PPP Loan Search / AR / PINE BLUFF / Drar hotels llc

DRAR HOTELS LLC

Date Approved

04/06/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

DRAR HOTELS LLC

Borrower Address

2903 PINES MALL DR

Borrower City

PINE BLUFF

Borrower State

AR

Borrower Zip

71601-7615

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70041.00

Current Approval Amount

70041.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

4780

Servicing Lender Name

Connect Bank

Servicing Lender Address

116 N Lincoln Ave

Servicing Lender City

STAR CITY

Servicing Lender State

AR

Servicing Lender Zip

71667-4800

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PINE BLUFF

Project County Name

JEFFERSON

Project State

AR

Project Zip

71601-7615

CD

AR-04

Jobs Reported

19

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8755.00

Payroll Proceed

52531.00

Mortgage Interest Proceed

8755.00

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

4780

Originating Lender

Connect Bank

Originating Lender City

STAR CITY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60396.31

Forgiveness Date

11/19/2020

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