PPP Loan information for Falod hotels llc

$37,500

Falod hotels llc was initially approved for PPP Loan of amount $37,600, the current approved amount is $37,500. The loan was approved on 04/09/2020 by The BankUnited, National Association reported 13 jobs and $37,500 was used to fund payroll.

Falod hotels llc is New Business or 2 years or less

PPP Loan Search / GA / MCDONOUGH / Falod hotels llc

FALOD HOTELS LLC

Date Approved

04/09/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

FALOD HOTELS LLC

Borrower Address

855 INDUSTRIAL BLVD

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30253-6616

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37600.00

Current Approval Amount

37500.00

Undisbursed Amount

0.00

Franchise Name

Baymont by Wyndham aka Baymont Inn & Suites

Servicing Lender Location Id

464999

Servicing Lender Name

BankUnited, National Association

Servicing Lender Address

14817 Oak Lane

Servicing Lender City

MIAMI LAKES

Servicing Lender State

FL

Servicing Lender Zip

33016-1517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30253-6616

CD

GA-10

Jobs Reported

13

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

37500.00

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 Company(LLC)

Originating Lender Location Id

464999

Originating Lender

BankUnited, National Association

Originating Lender City

MIAMI LAKES

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

37832.29

Forgiveness Date

03/08/2021

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