PPP Loan information for Economy inn

$6,000

Economy inn was initially approved for PPP Loan of amount $6,000, the current approved amount is $6,000. The loan was approved on 04/27/2020 by The First United Bank and Trust Company reported 3 jobs and $6,000 was used to fund payroll.

Economy inn is Unanswered

ECONOMY INN

Date Approved

04/27/2020

SBA Office Code

0680

Processing Method

PPP

Borrower Name

ECONOMY INN

Borrower Address

1017 BROADWAY AVE

Borrower City

ADA

Borrower State

OK

Borrower Zip

74820-2036

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6000.00

Current Approval Amount

6000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58899

Servicing Lender Name

First United Bank and Trust Company

Servicing Lender Address

1400 W Main St

Servicing Lender City

DURANT

Servicing Lender State

OK

Servicing Lender Zip

74701-4906

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

ADA

Project County Name

PONTOTOC

Project State

OK

Project Zip

74820-2036

CD

OK-04

Jobs Reported

3

NAICS Code

721120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

598.00

Payroll Proceed

4804.00

Mortgage Interest Proceed

0.00

Rent Proceed

598.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

58899

Originating Lender

First United Bank and Trust Company

Originating Lender City

DURANT

Originating Lender State

OK

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6037.97

Forgiveness Date

12/22/2020

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